Slate Retail Reit Announces Distribution for the Month of January 2017 on Class U Units, Class A Units and Class I Units, Payable on February 15, 2017
January 16, 2017 at 09:50 am EST
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Slate Retail REIT announced that the board of trustees has declared a distribution for the month of January 2017 of $0.0675 per class U unit of the REIT, representing $0.81 per Class U Unit on an annualized basis. Holders of class A units of the REIT will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of $0.0680265 per Class A Unit. Holders of class I units of the REIT will receive a distribution equal to $0.0712395 per Class I Unit. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units will receive a distribution equal to $0.0675 per unit. Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on February 15, 2017 to unit holders of record as of the close of business on January 31, 2017.
Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties (the properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.
SLATE GROCERY REIT 
