Mr. Armin Martens reports

ARTIS REAL ESTATE INVESTMENT TRUST ANNOUNCES RENEWAL OF AT-THE-MARKET EQUITY FINANCING PROGRAM

Artis Real Estate Investment Trust has filed a second amended and restated equity distribution agreement dated as of Sept. 15, 2014, entered into by Artis and Canaccord Genuity Corp., which will continue to act as exclusive agent for the issuance and sale, from time to time, until Aug. 17, 2016, of up to 4.98 million voting participating units of Artis by way of at-the-market distributions. The timing of any sale of units and the number of units actually sold during such period are at the discretion of Artis. Sales of units, if any, pursuant to the equity distribution agreement, will be made in transactions that are deemed to be at-the-market distributions, including sales made directly on the Toronto Stock Exchange. The units will be distributed at market prices prevailing at the time of sale of such units and, as a result, prices may vary between purchasers and during the period of distribution. The proceeds from the sale of units will be used by Artis to finance continuing development and acquisition activities, for repayment of indebtedness, and for general working capital purposes.

The distribution of units pursuant to the equity distribution agreement is qualified by a prospectus supplement dated Sept. 15, 2014, to the current short form base shelf prospectus of Artis dated July 17, 2014, which has been filed with all securities regulatory authorities in Canada. The base shelf prospectus and prospectus supplement are available electronically on SEDAR.