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TORONTO-(BUSINESS WIRE)–Slate Grocers REIT (TSX: SGR.U ) (TSX: SGR.UN ) (“REIT”), an owner and operator of U.S. grocery-anchored properties, today announced that Thomas Farley has resigned as a trustee of the REIT from personal reasons. Mr. Farley has been on the board since June 2014.
“I am proud of all we have achieved over the past eight years, which is reflected in the REIT’s strong track record of growth and delivering results,” said Mr Farley. “While I wish my personal circumstances had allowed me to continue to represent and serve unit owners, I am confident that under the leadership of our current management and board, the REIT’s best days are ahead of us.”
The Board of Directors, on behalf of the REIT, wishes to express its sincere appreciation to Mr. Farley for his outstanding contributions and leadership as a Trustee.
As part of its ongoing refresh process, the Board of Directors will conduct a search for an additional trustee to stand for election at its 2023 annual meeting of unitholders.
About Slate Groceri REIT (TSX: SGR.U / SGR.UN)
Slate Groceries REIT is the owner and operator of anchored American grocery properties. The REIT owns and manages $2.4 billion of critical real estate infrastructure in major US metro markets that communities rely on for their daily needs. The REIT’s resilient food-based portfolio and strong credit tenants provide unit owners with sustained cash flows and the potential for long-term capital appreciation. Visit slategrocerireit.com to learn more about the REIT.
About Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the goal of creating long-term value for our investors and partners. Slate’s platform features a range of real estate and infrastructure investment strategies, including opportunistic, value added, core plus and debt investments. We are backed by exceptional people and flexible capital, which enable us to initiate and realize a wide range of compelling investment opportunities. Visit slateam.com to learn more.
Forward-looking statements
Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws that reflects management’s expectations regarding the REIT’s goals, plans, objectives, strategies, future growth, business results, performance, business prospects and opportunities . The words “plans”, “expects”, “does not expect”, “plans”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes” or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved” or “continue” and similar expressions identify statements that relating to the future. Such forward-looking statements are fully qualified by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are necessarily based on a number of estimates and assumptions that, while believed to be reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results and there may not be accurate indications as to whether or not the timing of such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the REIT’s filings with securities regulators.
SGR-BT
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