Slate Grocery REIT Announces Distribution for the Month of May 2023, Payable on June 15, 2023
May 15, 2023 at 08:00 am EDT
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Slate Grocery REIT announced that the Board of Trustees has declared a distribution for the month of May 2023 of USD 0.072 per class U unit of the REIT ("Class U Units"), or USD 0.864 on an annualized basis. Holders of class A units of the REIT will receive a distribution equal to the Canadian dollar equivalent. Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on June 15, 2023 to unitholders of record as of the close of business on May 31, 2023.
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.