Slate Retail REIT announced that the Board of Trustees has declared a distribution for the month of January 2018 of USD 0.07 per class U unit of the REIT ("Class U Units"), or USD 0.84 on an annualized basis. Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election. Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on February 15, 2018 to unitholders of record as of the close of business on January 31, 2018.