TORONTO – Slate Office REIT (TSX: SOT.UN) (the “REIT”), owner and operator of North American office real estate, announced today that the Board of Trustees has declared a distribution for the month of June 2021 of C $ 0.0333 per REIT trust unit, representing $ 0.40 per REIT unit on an annualized basis.
The distribution will be payable on July 15, 2021 to registered participants at the close of business on June 30, 2021.
About Slate Office REIT (TSX: SOT.UN)
Slate Office REIT owns and operates office real estate in North America. The REIT owns and operates a portfolio of 34 strategic and well-located real estate assets in Canada’s major population centers, including two assets in downtown Chicago, Illinois. 60% of REIT’s portfolio is made up of government or credit rated tenants. The REIT purchases quality assets at a discount from replacement cost and creates value for shareholders by applying practical asset management strategies to increase rental income, extend lease term, and increase occupancy. Visit slateofficereit.com Learn more.
About Whiteboard Asset Management
Slate Asset Management is a leading alternative investment platform focused on real estate with approximately $ 6.5 billion in assets under management. Slate is a value-oriented manager and major sponsor of all its publicly traded and private investment vehicles, which are tailored to the unique goals and objectives of its investors. The company’s careful and selective investment approach creates long-term value with an emphasis on capital preservation and outsized returns. Slate is backed by exceptional people, flexible capital, and a proven ability to originate and execute a wide range of attractive investment opportunities. Visit slateam.com Learn more.
Certain information in constitutes “forward-looking information” as defined in Canadian securities laws that reflects management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects, and opportunities of the REIT. . The words “plans”, “expects”, “does not expect”, “program”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes” or variations of such words and phrases or statements in the sense that certain actions, events or results “may”, “will be”, “could”, “could”, “could”, “occur”, “be achieved” or “continue” and similar expressions identify statements to future. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.
Forward-looking statements are necessarily based on a series of estimates and assumptions which, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and they won’t. They will necessarily be precise indications of whether or not the moments in which said performance or results will be achieved will be achieved. Various factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information on risks and uncertainties can be found in REIT filings with securities regulators.
For more information
+1 416 644 4264