Slate Grocery REIT announced the closing of its previously announced acquisition of a USD 390 million grocery-anchored portfolio. The Portfolio comprises 25 properties and 3.1 million square feet in major metro markets across the United States. The Acquisition significantly increases the size and scale of the REIT’s portfolio to an aggregate 13.0 million square feet and USD 1.8 billion of critical real estate and is expected to be immediately accretive to the REIT’s funds from operations per unit and adjusted funds from operations per unit.