Slate Grocery REIT T.SGR.UN

Alternate Symbol(s): SRRTF

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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.

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Slate Grocery REIT > BMO analyst flash update

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Comment by Pandoraon Sep 22, 2021 9:06pm

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RE:BMO analyst flash update

Slate Grocery subscription receipts delisted from TSX

2021-09-22 20:45 ET - Prospectus Approved

The Toronto Stock Exchange reports that Slate Grocery REIT subscription receipts have been delisted, effective at the close on Sept. 22, 2021. As stated in its news release dated Sept. 22, 2021, the REIT has closed its acquisition of a $390-million (U.S.) grocery-anchored portfolio, comprising 25 properties and 3.1 million square feet in major metro markets across the United States. As a result, the holders of the subscription receipts will receive one Class U unit of the REIT per subscription receipt held.

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