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ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION AND PRE-ARRANGEMENT DISTRIBUTION
ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION AND PRE-ARRANGEMENT DISTRI...
About this update from Rfa Financial Inc.
[{"type":"text","content":"\n\n\nARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION AND PRE-ARRANGEMENT DISTRIBUTION\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nWINNIPEG, MB, Jan. 22, 2026 /CNW/ - Artis Real Estate Investment Trust (\"Artis\") (TSX: AX.UN) announced that its trustees have declared a monthly cash distribution of $0.05 per common unit (each, a \"Common Unit\") of Artis for the month of January 2026 (the \"Monthly Distribution\"). The Monthly Distribution will be paid on February 13, 2026, to holders of Common Units (collectively, the \"Unitholders\") of record as of January 31, 2026.\n\n\n\n\n\n\n\nPre-Arrangement Distribution\nArtis also announced that its trustees intend to declare a special non-cash distribution of approximately $0.842 per Common Unit (the \"Pre-Arrangement Distribution\") in connection with the closing of the previously announced business combination of Artis and RFA Capital Holdings Inc. (\"RFA\"), to be completed way of a statutory plan of arrangement under the Business Corporations Act (Ontario) and The Trustee Act (Manitoba) (the \"Arrangement\"), pursuant to which RFA will acquire all of the issued and outstanding Common Units, Series E preferred units and Series I preferred units of Artis. Under the Arrangement, RFA will change its name to RFA Financial Inc. (\"RFA Financial\").\nThe Pre-Arrangement Distribution will be declared and payable on January 31, 2026, to Unitholders of record as of January 31, 2026, and will be in addition to the Monthly Distribution. The Pre-Arrangement Distribution will be made to distribute to Unitholders \"capital dividends\" (as defined in the Income Tax Act (Canada) (the \"Tax Act\")) received by Artis as a result of certain pre-closing transactions contemplated under the arrangement agreement among Artis and RFA (the \"Arrangement Agreement\").\nIn accordance with the Arrangement Agreement, the Pre-Arrangement Distribution will be paid solely by the issuance of additional Common Units that will have an aggregate fair market value equal to the dollar amount of the Pre-Arrangement D...