TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it will be releasing its fourth quarter and year end 2021 results before market hours on Thursday, February 24, 2022. Senior management will host a live conference call at 9:00 am ET on Thursday, February 24, 2022 to discuss the results and ongoing business initiatives of the REIT.

Conference Call Details

The conference call can be accessed by dialing (647) 427-2311 or 1 (866) 521-4909. Additionally, the conference call will be available via simultaneous audio found at https://snwebcastcenter.com/webcast/slate/2022/0224. A replay will be accessible until March 10, 2022 via the REIT’s website or by dialing (416) 621-4642 or 1 (800) 585-8367 (access code 2595989) approximately two hours after the live event.

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.9 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform focused on real estate. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform spans a range of investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect 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”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. 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 number of estimates and assumptions that, 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 will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SGR-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) announced today that a presentation providing a business update has been posted to the Events & Presentations section of Ventas’s website at ir.ventasreit.com/events-and-presentations.

These materials will be archived at ir.ventasreit.com/events-and-presentations for a limited period.

About Ventas

Ventas Inc., an S&P 500 company, operates at the intersection of two large and dynamic industries – healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns a diversified portfolio of over 1,200 properties in the United States, Canada and the United Kingdom. Ventas uses the power of its capital to unlock the value of senior living communities; life science, research & innovation properties; medical office & outpatient facilities, health systems and other healthcare real estate. A globally-recognized real estate investment trust, Ventas follows a successful long-term strategy, proven over more than 20 years, built on diversification of property types, capital sources and industry leading partners, financial strength and flexibility, consistent and reliable growth and industry leading ESG achievements, managed by a collaborative and experienced team dedicated to its stakeholders.

Contacts

Sarah Whitford

(877) 4-VENTAS

Dream LeBreton selected for mixed-use Library Parcel development

OTTAWA, Ontario–(BUSINESS WIRE)–The National Capital Commission (NCC) announced today, in partnership with Canada Mortgage and Housing Corporation (CMHC), that Dream LeBreton has been selected as the successful proponent to develop the first phase of the Building LeBreton project in Ottawa, Ontario.

Dream LeBreton is a partnership between Dream Asset Management Corporation (Dream Unlimited Corp. – TSX:DRM) and Dream Impact Master LP (Dream Impact Trust – TSX:MPCT.UN), along with the Multifaith Housing Initiative, a non-profit housing provider. The design team is led by KPMB Architects and Perkins & Will, supported by Two Row Architect and Purpose Building, with PFS Studio as the landscape architect, EllisDon as the construction manager, and Innovation Seven as the Indigenous engagement consultant.

According to the Canada Green Building Council, this premier project will deliver Canada’s largest residential zero-carbon development. Dream LeBreton will build an integrated community at the LeBreton Flats Library Parcel, a 1.1-hectare site just west of downtown Ottawa, featuring:

• 601 new rental housing units, of which 31% will be accessible, and 41% will be affordable housing comprising the following:
  • 130 units owned by a local not-for-profit rented at 59% of median market rent in perpetuity; and
  • 117 units owned by Dream LeBreton rented at 79% of median market rent for 55 years.

• Affordable units will serve priority populations, as identified in Canada’s National Housing Strategy, including:
  • women and children
  • Algonquin and other Indigenous peoples
  • veterans
  • recent immigrants
  • adults with cognitive disabilities

• Strong social and workforce benefits, including:
  • 15% of the overall value of contracts going to vendors that are at least 50% owned or managed by people from equity-seeking groups, including 5% of contracts to Algonquin and Indigenous businesses
  • 50% of the overall value of contracts going to vendors that are at least 50% owned or managed in the National Capital Region
  • 20% of on-site employment hours going to people from equity-seeking groups, including 5% to Algonquin and Indigenous people

• Retail space, including food retailer, café and health services
• On-site programming and support to enable the well-being of both affordable and market-rate tenants, while fostering a thriving and resilient community, potentially including:
  • tutoring and tutoring-related scholarships
  • after-school programming, including healthy snacks, reading and games
  • adult skills classes and free fitness classes
  • bicycle maintenance shop, and community hub serving diverse needs

• Wastewater energy and solar power-generating systems
• 600 indoor parking spots for bikes and 200 underground parking spots for motor vehicles
• A large outdoor public space that is socially inclusive

This transit-oriented site will also prioritize active mobility with new pedestrian connections from the lower level of Pimisi Station toward the Ādisōke Library site.

NEXT STEPS

The NCC will continue to work with Dream LeBreton to advance the development’s design, as well as address objectives related to the Master Concept Plan in coordination with the City of Ottawa’s review of the project, including ensuring pedestrian priority and safety, and animating the site with active frontages and programming.

Pending final federal and municipal design and development approvals, Dream LeBreton is planning to obtain building permits by the end of 2023, with buildings ready for occupancy by early 2026.

KEY FACTS

• The Library Parcel is the first development phase to be implemented from the LeBreton Flats Master Concept Plan approved by the NCC’s Board of Directors in 2021.
• The site is located at 665 Albert Street, on the western edge of Ottawa’s downtown core, adjacent to the Pimisi O-Train station and close to pathways.
• The proceeds of this $30-million sale will be reinvested by the NCC in public benefits to support the realization of a Capital destination and vibrant community, as envisioned in the LeBreton Flats Master Concept Plan.

QUOTES

“I am pleased with Building LeBreton’s momentum thus far in bringing to life an inspiring vision for a spectacular community in the heart of Canada’s Capital. I commend all of the proponents for their participation in this vigorously competitive process and thank CMHC for their continued partnership. The selected team, Dream LeBreton, is now poised to build Canada’s most sustainably designed community at the Library Parcel.”

—Tobi Nussbaum, CEO, NCC

“Everyone living in Canada deserves a safe and affordable place to call home, and we continue to take action to increase the supply of affordable rental housing. I am delighted to see such a vital project for our nation’s capital move forward.”

—Romy Bowers, President and CEO, CMHC

“Our proposal for the LeBreton Flats Library Parcel is founded on our extensive experience building communities across Canada that are positive for society. We look forward to continuing this tradition by providing desperately needed affordable housing, contributing to a healthier planet by building a zero-carbon community, and by creating inclusive neighbourhoods that provide a stronger sense of belonging for everyone. This project will increase our commitment to the Capital, while realizing the vision for our neighbouring development, Zibi. We welcome the partnership with NCC and CMHC, and will strive to continually innovate and create an even more desirable community as we develop this project.”

—Michael Cooper, Founder, Dream Group of Companies, Dream LeBreton

Link

LeBreton Flats Library Parcel Development

Contacts

Media Information

Mario Tremblay

NCC Media Relations

613-859-9596

mario.tremblay@ncc-ccn.ca

Audrey-Anne Coulombe

CMHC Media Relations

613-748-2573

acoulomb@cmhc-schl.gc.ca

Kim Lefever

Director, Investor Relations

Dream Unlimited Corp.

klefever@dream.ca

Metco Completes Private Equity Firm’s Sixth Transaction in 2021

LOS ANGELES–(BUSINESS WIRE)–Atar Capital, a Los Angeles-based global private investment firm, announced today that it acquired the assets of Metco Landscape (Metco) on December 31, 2021. Metco is the largest privately owned landscape company in Colorado and the established market leader in providing landscape maintenance and development services across the state. Current plans include renaming the business in the near future. This is Atar Capital’s sixth transaction in 2021, with four completed in the month of December alone. Financial terms were not disclosed.

Cyrus Nikou, founder and managing partner of Atar Capital, commented, “This latest transaction aligns well with Atar’s investment criteria and domain expertise, particularly in the area of facilities management. 2021 was an exceptional year for Atar Capital and confirms the success of Atar’s investment model and capabilities in the context of continued challenging market conditions. We look forward to an equally active and successful 2022.”

Robert Lezec, senior managing director for Atar Capital, said, “We are excited to work with a team that has led the industry as the preferred supplier for many general contractors, home builders and other large commercial clients across Colorado over the last three decades through their commitment to consistently delivering the highest levels of service quality. Moreover, the company is uniquely positioned in a market with very favorable economic and population trends that provide tangible prospects for growth over the next few years.”

Atar’s investment team for the transaction included Founder and Managing Partner Cyrus Nikou, Senior Managing Director Robert Lezec, Managing Directors Stanley Huang and Vijay Mony and Director T.J. McCaffrey. Dykema provided legal counsel, GHJ provided tax advisory services and Raymond James served as the exclusive sell-side financial advisor in the transaction.

About Atar Capital

Atar Capital is a global private investment firm that acquires a wide range of lower middle market businesses exhibiting opportunities for growth, revitalization and significant value creation. Atar Capital’s principals have completed more than eighty-five private equity transactions across North America, Europe and South America.

Atar Capital’s combination of operational expertise, industry knowledge and investment experience provide a unique edge in creating value and working as a true partner with its portfolio companies. The firm assists in activities ranging from growing the business to improving operations and financial performance, leveraging all available resources and talent within Atar’s leadership team, as well as its bench of seasoned senior advisors with deep sector and functional expertise. For more information, please visit www.atarcapital.com.

Contacts

Media Contact:
Patricia Kilgore

Sterling Kilgore, Inc.

630-567-9379

pkilgore@sterlingkilgore.com

Atar Capital Contact:
T.J. McCaffrey

Atar Capital

310-870-0808

tjmccaffrey@atarcapital.com

TORONTO–(BUSINESS WIRE)–DREAM INDUSTRIAL REIT (TSX: DIR.UN) (the “Trust”) announced today its January 2022 monthly distribution in the amount of 5.833 cents per Unit (70 cents annualized). The January distribution will be payable on February 15, 2022 to unitholders of record as at January 31, 2022.

Dream Industrial REIT is an unincorporated, open-ended real estate investment trust. As at September 30, 2021, Dream Industrial REIT owns, manages and operates a portfolio of 221 industrial assets (326 buildings) comprising approximately 39.8 million square feet of gross leasable area in key markets across Canada, Europe, and the U.S. Dream Industrial REIT’s objective is to continue to grow and upgrade the quality of its portfolio which primarily consists of distribution and urban logistics properties and to provide attractive overall returns to its unitholders. For more information, please visit our website at www.dreamindustrialreit.ca.

Contacts

DREAM INDUSTRIAL REIT

Brian Pauls

Chief Executive Officer

(416) 365-2365

bpauls@dream.ca

Lenis Quan

Chief Financial Officer

(416) 365-2353

lquan@dream.ca

Alexander Sannikov

Chief Operating Officer

(416) 365-4106

asannikov@dream.ca

TORONTO–(BUSINESS WIRE)–DREAM OFFICE REIT (TSX: D.UN) (“Dream Office” or the “Trust”) today announced its January 2022 monthly distribution of 8.333 cents per REIT Unit, Series A ($1.00 annualized). The January distribution will be payable on February 15, 2022 to unitholders of record as at January 31, 2022.

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT is a premier office landlord in downtown Toronto with approximately 3.5 million square feet owned and managed. We have carefully curated an investment portfolio of high-quality assets in irreplaceable locations in one of the finest office markets in the world. For more information, please visit our website at www.dreamofficereit.ca.

Contacts

Michael J. Cooper

Chairman and Chief Executive Officer

(416) 365-5145

mcooper@dream.ca

Jay Jiang

Chief Financial Officer

(416) 365-6638

jjiang@dream.ca

TORONTO–(BUSINESS WIRE)–Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2583 per stapled unit for the month of January 2022. The distribution will be paid by Granite on Tuesday, February 15, 2022 to stapled unitholders of record at the close of trading on Monday, January 31, 2022. The stapled units will begin trading on an ex-dividend basis at the opening of trading on Friday, January 28, 2022 on the Toronto Stock Exchange and on the New York Stock Exchange.

Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes. A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of January 31, 2022, pursuant to United States Treasury Regulation Section 1.1446-4.

ABOUT GRANITE

Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Granite owns 126 investment properties representing approximately 53.3 million square feet of leasable area.

OTHER INFORMATION

Copies of financial data and other publicly filed documents about Granite are available through the internet on the Canadian Securities Administrators’ System for Electronic Document Analysis and Retrieval (SEDAR) which can be accessed at www.sedar.com and on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR) which can be accessed at www.sec.gov. For further information, please see our website at www.granitereit.com or contact Teresa Neto, Chief Financial Officer, at 647-925-7560 or Andrea Sanelli, Associate Director, Legal & Investor Services, at 647-925-7504.

Contacts

Teresa Neto, Chief Financial Officer

647-925-7560

or

Andrea Sanelli, Associate Director, Legal & Investor Services

647-925-7504

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

OTTAWA, Ontario–(BUSINESS WIRE)–InterRent Real Estate Investment Trust (TSX-IIP.UN) (“InterRent”) announced today that its distribution declared for the month of January 2022 is $0.0285 per Trust unit, equal to $0.3420 per Trust unit on an annualized basis. Payment will be made on or about February 15, 2022 to unitholders of record on January 31, 2022.

About InterRent

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

InterRent’s strategy is to expand its portfolio primarily within markets that have exhibited stable market vacancies, sufficient suites available to attain the critical mass necessary to implement an efficient portfolio management structure, and offer opportunities for accretive acquisitions.

InterRent’s primary objectives are to use the proven industry experience of the Trustees, Management and Operational Team to: (i) to grow both funds from operations per Unit and net asset value per Unit through investments in a diversified portfolio of multi-residential properties; (ii) to provide Unitholders with sustainable and growing cash distributions, payable monthly; and (iii) to maintain a conservative payout ratio and balance sheet.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts

Sandy Rose, CFA

Director – Investor Relations & Sustainability

(514) 704-2459

sandy.rose@interrentreit.com
www.interrentreit.com

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.

TORONTO–(BUSINESS WIRE)–Dream Impact Trust (TSX: MPCT.UN) announced today that the Toronto Stock Exchange (“TSX”) accepted a notice filed by Dream Impact Trust (the “Trust”) to renew its prior normal course issuer bid for a one year period. Under the bid, the Trust will have the ability to purchase for cancellation up to a maximum of 4,625,500 of its Units (the “Units”) (representing 10% of the Trust’s public float of 46,255,009 Units) through the facilities of the TSX. The bid will commence on January 20, 2022 and will remain in effect until the earlier of January 19, 2023 or the date on which the Trust has purchased the maximum number of Units permitted under the bid. Daily repurchases will be limited to 9,747 Units, representing 25% of the average daily trading volume of the Units on the TSX during the last six calendar months (being 38,991 Units per day), other than purchases pursuant to applicable block purchase exceptions. As of January 7, 2022, the number of issued and outstanding Units is 65,051,762.

In connection with the renewal of its normal course issuer bid, the Trust has established an automatic securities purchase plan (the “Plan”) with its designated broker to facilitate the purchase of Units under the normal course issuer bid at times when the Trust would ordinarily not be permitted to purchase its Units due to regulatory restrictions or self-imposed blackout periods. Purchases will be made by the Trust’s broker based upon the parameters prescribed by the TSX and the terms of the parties’ written agreement. Outside of such restricted or blackout periods, the Units may also be purchased in accordance with Management’s discretion. The Plan has been pre-cleared by the TSX and will terminate on January 19, 2023.

The Trust has renewed its normal course issuer bid because it believes that Units may become available during the period of the bid at prices that would make the purchase of such Units for cancellation in the best interests of the Trust and its unitholders.

The Trust sought and received approval from the TSX on January 15, 2021 to purchase up to 4,742,017 Units for the period from January 20, 2021 to January 19, 2022. Under this bid and up until January 7, 2022, the Trust has purchased for cancellation 1,178,300 Units through the facilities of the TSX at a weighted average price per Unit of $6.44 for a total cost of approximately $7.6 million. Please note that the amount of Units repurchased under the bid was in line with both management and board strategy with respect to use of capital for Unit repurchases. Furthermore, the amount of Units that can be repurchased in the market under the TSX rules on a daily basis are subject to various trading restrictions which impact the amount that can be repurchased on a daily basis.

About Dream Impact Trust

Dream Impact Trust is an open-ended trust dedicated to impact investing. Impact investing is the intention of creating measurable positive, social and environmental change in our communities and for our stakeholders, while generating attractive market returns. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of the Trust are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; balance growth and stability of the portfolio, increasing cash flow, unitholders’ equity and NAV over time; leverage access to an experienced management team and strong partnerships in order to generate attractive returns for investors; provide investors with a portfolio of high-quality real estate development opportunities, concentrated in core geographic markets; and to provide predictable cash distributions to unitholders on a tax-efficient basis. For more information, please visit: www.dreamimpacttrust.ca.

Forward Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation, including with respect to future purchases of Units by the Trust. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: adverse changes in general economic and market conditions; the impact of the COVID-19 pandemic on the Trust and uncertainties surrounding the COVID-19 pandemic; changes to the regulatory environment; environmental risks; local real estate conditions, including the development properties in close proximity to the Trust’s properties and changes in real estate values; timely leasing of vacant space and re-leasing of occupied space upon expiration; dependence on tenants’ and borrowers’ financial condition; the uncertainties of acquisition activity; the ability to effectively integrate acquisitions; dependence on our partners in the development, construction and operation of our real estate projects; uncertainty surrounding the development and construction of new projects and delays and cost overruns in the design, development, construction and operation of projects; our ability to execute on our strategic plans and meet financial obligations; interest and mortgage rates and regulations; inflation; availability of equity and debt financing; foreign exchange fluctuations. All forward looking information in this press release speaks as of January 18, 2022. The Trust does not undertake to update any such forward looking information whether as a result of new information, future events or otherwise. Additional information about these assumptions and risks and uncertainties is disclosed in filings with securities regulators filed on SEDAR (www.sedar.com). 

Contacts

DREAM IMPACT TRUST

Meaghan Peloso

Chief Financial Officer

(416) 365-6322

mpeloso@dream.ca

Kim Lefever

Director, Investor Relations

(416) 365-6339

klefever@dream.ca

NEW YORK–(BUSINESS WIRE)–#CommercialRealEstate–H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with over $47 billion of equity capital under management, is pleased to announce that its affiliate, H.I.G. Realty Partners, has originated a loan to finance 224 Logistics Park (the “Property”), a 1MM SF industrial warehouse complex located in Milwaukie, OR, which is 9 miles southeast of downtown Portland.

The loan was made to a joint venture between Specht Development, Inc. and a global institutional investment firm (the “Sponsor”). The Property is considered best-in-class with proximity to major freeways, Portland International Airport, and the Port of Portland.

“We are excited to finance one of the premier properties in the supply-constrained Portland industrial market,” said Michael Mestel, Managing Director at H.I.G. Realty Partners. He added, “The Sponsor has already created tremendous value in a short period of time, and we are looking forward to being a part of its continued success.”

About H.I.G. Realty Partners

H.I.G. Realty Partners is the real estate platform of H.I.G. Capital, a leading global alternative assets investment firm with over $47 billion of equity capital under management. H.I.G. Realty Partners manages $8.2 billion of assets and focuses on small-to-mid cap real estate, targeting both equity and debt investments across all property types located throughout the U.S., Europe, and Latin America. Debt investments include senior bridge loans, mezzanine loans and preferred equity collateralized by transitional properties and portfolios. Equity investments are concentrated on the acquisition of value-add assets, employing a hands-on, operationally focused approach that seeks to generate substantial cash flow and asset appreciation through rehabilitating, redeveloping, repositioning and rebranding assets that have been capital starved and/or poorly managed. For more information, please refer to the H.I.G. website www.higcapital.com.

About H.I.G. Capital

H.I.G. is a leading global alternative assets investment firm with over $47 billion of equity capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:

1. H.I.G.’s equity funds invest in management buyouts, recapitalizations and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
2. H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. is also a leading CLO manager, through its WhiteHorse family of vehicles, and manages a publicly traded BDC, WhiteHorse Finance.
3. H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
4. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm’s current portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.

Contacts

Michael Mestel

Managing Director

mmestel@higrealty.com

Jeff Wiseman

Managing Director

jwiseman@higrealty.com

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it will be reporting fourth quarter 2021 results on Wednesday, February 16, 2022 after-market hours.

Management will host a conference call the next day on Thursday, February 17, 2022 at 10:00 AM (ET) with a simultaneous audio webcast. To access via teleconference please dial (236) 389-2653 or (833) 921-1643 and enter the event passcode: 2690932. The link to the audio webcast will be available on www.choicereit.ca/events-webcasts.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

Contacts

Angelica Muere

Manager, Corporate Marketing and Projects

T 416 628-7794

E Angelica.Muere@choicereit.ca

TORONTO–(BUSINESS WIRE)–Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announced today that the Board of Trustees has declared a distribution for the month of January 2022 of C$0.0333 per trust unit of the REIT, representing $0.40 per unit of the REIT on an annualized basis.

The distribution will be payable on February 15, 2022 to unitholders of record as of the close of business on January 31, 2022.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is an owner and operator of office real estate. The REIT owns interests in and operates a portfolio of 32 strategic and well-located real estate assets across Canada’s major population centres and includes two assets in downtown Chicago, Illinois. 61% of the REIT’s portfolio is comprised of government or credit rated tenants. The REIT acquires quality assets at a discount to replacement cost and creates value for unitholders by applying hands-on asset management strategies to grow rental revenue, extend lease term and increase occupancy. Visit slateofficereit.com to learn more.

About Slate Asset Management

Slate Asset Management is a global alternative investment platform focused on real estate. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements

Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect 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”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. 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 number of estimates and assumptions that, 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 will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SOT-Dist

Contacts

Investor Relations

+1 416 644 4264

ir@slateam.com