June 8 (Reuters) - Artis Real Estate Investment Trust
AX_u.TO
* Artis REIT announces acquisition of U.S. office portfolio,
$100 million equity offering, proposed redemption of Series F
debentures and provides update on other recent developments
* Artis Real Estate Investment Trust says purchase price for
Madison Acquisition is US$260.0 million
* Artis Real Estate Investment Trust says to sell to, on a
bought deal basis, 7.6 million trust units at a price of $13.20
per unit
* Artis Real Estate Investment Trust says intends to use net
proceeds of offering to finance a portion of purchase price for
Madison acquisition
* Artis real estate investment trust says acquisition is
expected to be immediately accretive to reit's funds from
operations and AFFO
Source text for Eikon: ID:nCCN4fPlqp
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