Slate Retail REIT announced that the Board of Trustees has declared a distribution for the month of January 2016 of USD 0.06489 per class U unit of the REIT, representing USD 0.77868 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 USD 0.06539573 per Class A Unit. Holders of class I units of the REIT will receive a distribution equal to USD 0.0684847 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 USD 0.06489 per unit. Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on February 16, 2016 to unitholders of record as of the close of business on January 29, 2016.