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 the Board of Trustees has declared a distribution for the month of December 2024 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 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.

Holders of class A units of the REIT (“Class A Units”) 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 U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on January 15, 2025, to unitholders of record as of the close of business on December 31, 2024.

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. $2.4 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 are expected to 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 investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. 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, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram.

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-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

Century icon in commercial and residential doors picks GTT for Managed SD-WAN, Managed Firewall and Secure Remote Access to support its production uptime

ARLINGTON, Va.–(BUSINESS WIRE)–#5G—GTT Communications Inc., a leading networking and security as a service provider for multinational organizations, has been selected by Forte Opening Solutions to deliver a high-availability Managed SD-WAN with integrated Secure Remote Access and Managed Firewall. This solution will ensure uninterrupted connectivity and robust data security for Forte Opening Solutions’ digital operations for the production and distribution of its premium door solutions across 21 sites in the US and Canada.

Through GTT Envision, a seamless and redundant solution including Dedicated Internet Access, 5G Fixed Wireless Access and Wireline Broadband with a high-availability architecture of dual links and hardware has been deployed at each site. Paired with security via Managed SD-WAN, Managed Firewall and Secure Remote Access, GTT will ensure end-to-end protection between authorized end users and the applications that drive operations and production for Forte Opening Solutions. This will protect the network from data transport and hardware failures – all backed by a 99.95% uptime Service Level Agreement.

“Working with GTT for our network and security helps simplify my life,” said Frank Barrett, Vice President of IT, Forte Opening Solutions. “GTT’s combination of security services, Managed SD-WAN and choice of connectivity options enable redundancy and reliability at each of our sites and ensure secure access to our web-based manufacturing and productivity applications. This greatly reduces the risk of network downtime or disruption, which is critical for our production.”

“We’re proud to deliver the networking and security solutions via GTT Envision that Forte Opening Solutions relies upon for production while also connecting its offices and employees to the data and applications required to achieve their business objectives,” said Joan Logan, President, Americas Division, GTT. “Our managed high-performance SD-WAN integrated with our security solutions empower Forte Opening Solutions to remain connected and secure, supporting the craftmanship and perfection it has delivered for more than a century.”

GTT Managed SD-WAN service integrates seamlessly with GTT cloud security offerings, providing controlled and efficient management of the entire enterprise network. GTT was recently named a U.S. Leader in Managed SD-WAN by the Information Services Group (ISG), a renowned technology research and market intelligence advisory firm. The 2024 ISG Provider Lens™ Network – Software Defined Solutions and Services Report highlighted GTT for giving customers the flexibility to choose the technologies and ongoing managed and professional services support that best suit their business needs. In addition, GTT was honored as the 2024 Managed Security Solution of the Year by the CyberSecurity Awards for enabling customers to deliver secure cloud networks in a zero trust framework across the globe.

About Forte Opening Solutions

Forte Opening Solutions supplies a full range of premium components and door solutions, tailored to customer needs and delivered through a variety of options, including the USA Wood Door quick ship service. Operating in eight states and Canada, Forte is dedicated to making every door, every interaction, and every opening unforgettable. For more information: www.forteopenings.com

About GTT

GTT is a leading networking and security-as-a-service provider for multinational organizations, connecting people and machines to data and applications — anywhere in the world. We serve thousands of organizations, bringing together the right people, partners and technology to reduce the burden on IT teams and solve the most pressing networking and security challenges. Built on our top-ranked global Tier 1 network, the GTT Envision platform provides visibility, insights, orchestration and control, enabling customers with consumable solutions to achieve business missions and meet ongoing demand when, where and how needed. Our portfolio includes SASE, SD-WAN, security, internet, voice and other connectivity options, complemented by a suite of professional services and exceptional sales and support teams in local markets around the globe. We partner with our customers to deliver Greater Technology Together. www.gtt.net

Press releases can be downloaded from gtt.net.

Follow us on LinkedIn, X, Facebook and YouTube.

Contacts

GTT Media Inquiries:

Americas:
MaryLynn Heath, GTT

+1-646-214-4078

MaryLynn.Heath@gtt.net

Europe:
Siria Nielsen, GTT

+31-6-2835-4259

Siria.Nielsen@gtt.net

GTT Investor Relations:
Charlie Lucas, GTT

+1-571-388-5154

InvestorRelations@gtt.net

NEW YORK–(BUSINESS WIRE)–VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) announced today that it has entered into an amendment and consented to the assignment of the master lease agreement with PURE Canadian Gaming Corp. (“PURE”) to an affiliate of Indigenous Gaming Partners Inc. (“IGP”), in connection with the acquisition of the operating assets of PURE by an affiliate of IGP.

IGP is a partnership of five institutional First Nations established to acquire gaming assets in North America. IGP has partnered with Sonco Gaming, one of Canada’s most experienced casino developers and managers, who will assist in the sourcing and execution of casino gaming investments, as well as management oversight of IGP’s portfolio.

Danny Valoy, Vice President of Business Development and Acquisitions, said, “This transaction demonstrates VICI’s ability to collaboratively work with existing partners while building new relationships with highly experienced operators and First Nations in international jurisdictions. We are pleased to welcome IGP as a new partner, and we look forward to expanding our relationship with IGP and Sonco as they pursue additional growth opportunities in the future.”

Anthony Novac, CEO of Sonco, said, “We are excited to work with VICI, an established partner in providing financial solutions to the gaming industry. We believe having a partner like VICI will give us a competitive advantage as we seek growth opportunities in the Canadian market.”

In connection with entering into the amendment to the PURE Canadian master lease, VICI received a 5-year right of first offer (“ROFO”) on future sale-leaseback transactions. Any additional properties acquired pursuant to the ROFO will be added to the master lease.

The annual base rent of C$22.0 million (US$15.5 million based on the CAD:USD exchange rate as of December 9, 2024) and other economic terms of the PURE Canadian master lease will remain unchanged, including a base term of 25-years with four 5-year tenant renewal options, escalation of 1.25% per annum in lease year 3, with escalation equal to the greater of 1.5% and Canadian CPI (capped at 2.5%) starting in lease year 4, and a minimum capital expenditure requirement equal to 1.0% of annual net revenue. The lease, currently in lease year 2 and escalating on February 1 of each year, encompasses the following assets in Alberta, Canada: PURE Casino Edmonton, PURE Casino Yellowhead, PURE Casino Calgary and PURE Casino Lethbridge.

About VICI Properties

VICI Properties Inc. is an S&P 500^® experiential real estate investment trust that owns one of the largest portfolios of market-leading gaming, hospitality and entertainment destinations, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas, three of the most iconic entertainment facilities on the Las Vegas Strip. VICI Properties owns 93 experiential assets across a geographically diverse portfolio consisting of 54 gaming properties and 39 other experiential properties across the United States and Canada. The portfolio is comprised of approximately 127 million square feet and features approximately 60,300 hotel rooms and over 500 restaurants, bars, nightclubs and sportsbooks. Its properties are occupied by industry-leading gaming, leisure and hospitality operators under long-term, triple-net lease agreements. VICI Properties has a growing array of real estate and financing partnerships with leading operators in other experiential sectors, including Bowlero, Cabot, Canyon Ranch, Chelsea Piers, Great Wolf Resorts, Homefield and Kalahari Resorts. VICI Properties also owns four championship golf courses and approximately 33 acres of undeveloped and underdeveloped land adjacent to the Las Vegas Strip. VICI Properties’ goal is to create the highest quality and most productive experiential real estate portfolio through a strategy of partnering with the highest quality experiential place makers and operators. For additional information, please visit www.viciproperties.com.

About IGP

Indigenous Gaming Partners Inc. is a newly established gaming company focused on developing a portfolio of high-quality, market-leading casinos through strategic acquisitions and operational excellence. The partnership is comprised of five institutional First Nations including Glooscap First Nation, Millbrook First Nation, Annapolis Valley First Nation, We’koqma’q L’nue’kati, and Paqtnkek Mi’kmaw Nation. With a mission to create meaningful economic opportunities for Indigenous communities, IGP partners with exceptional management teams to deliver outstanding entertainment experiences while driving sustainable growth and long-term value for our stakeholders. Guided by disciplined investment strategies, hands-on operational expertise, and backing from visionary investors, IGP is dedicated to setting new standards in the gaming industry while fostering prosperity for its Indigenous communities, charitable partners, and provincial stakeholders. For more information, visit www.indigenousgamingpartners.com.

About Sonco Gaming Inc.

Sonco Gaming Inc. is part of the Sonco Group of Companies, which focuses on real estate and gaming development and management. Sonco has developed and/or managed some of the country’s most successful Indigenous gaming projects, including The Great Blue Heron Casino on Mississaugas of Scugog Island First Nation in Ontario, and The Grey Eagle Resort & Casino on the lands of Tsuut’ina First Nation outside of Calgary, AB. For more information, visit www.sonco.ca.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,” “will,” and similar expressions that do not relate to historical matters. All statements other than statements of historical fact are forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors which are, in some cases, beyond VICI’s control and could materially affect actual results, performance, or achievements. Among those risks, uncertainties and other factors are risks that VICI may not achieve the benefits contemplated by the transaction described herein, including with respect to entry into any future sale leaseback or other transactions between VICI and IGP, including pursuant to VICI’s right of first offer, or the anticipated benefits thereof. Additional important risk factors that may affect VICI’s business, results of operations and financial position are detailed from time to time in VICI’s filings with the Securities and Exchange Commission. VICI does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.

Contacts

Investor Contacts:
Investors@viciproperties.com
(646) 949-4631

Or

David Kieske

EVP, Chief Financial Officer

DKieske@viciproperties.com

Moira McCloskey

SVP, Capital Markets

MMcCloskey@viciproperties.com

LinkedIn:

www.linkedin.com/company/vici-properties-inc

VANCOUVER, British Columbia–(BUSINESS WIRE)–Metrie^®, North America’s largest manufacturer and distributor of millwork solutions, today completed its acquisition of eden Inc. (“eden”), a leading producer of pre-finished millwork products, including mouldings, pre-hung doors and specialty items for the manufactured housing industry, based in Knox, Pennsylvania, US.

This acquisition, Metrie’s seventh in the last 5 years, enhances Metrie’s integrated millwork portfolio, offering a wider range of pre-finished moulding and door products that can meet the needs of current and future customers. The acquisition is another step in the pursuit of Metrie’s growth strategy – to be North America’s most trusted millwork supplier.

“The acquisition of eden further develops the ways we can strategically support our customers across the US, as we continue to build the best millwork supply chain solutions in the industry,” commented Kent Bowie, President & CEO, Metrie. “Our pre-finished products are excellent for modular home builders, an arena where eden has shown itself to be the leading supplier of millwork solutions. Together, we are ready to grow.”

“Over the last few years of business success, the ownership team at eden has been looking for the right kind of team and brand that can support further growth of the company and our service offering,” commented Dan Hurrelbrink, Vice President and Chief Operating Officer, eden. “Metrie was our number one choice to join with. Their culture and customer-focused vision align perfectly with our own here at eden. I am excited to stay on and be a part of the leadership team at Metrie and continue to serve our manufactured housing and distribution customers.”

“Dan will be joining a Metrie manufacturing leadership team that is excited to offer more and deeper solutions for our customers. Together, we will leverage our pre-finished leadership position in the marketplace, using the “Eden Millwork” brand as we continue to serve the modular housing segment,” added Bill Geofroy, VP, Manufacturing. “Eden’s finishing capabilities, particularly in doors and accessory millwork products, will augment the Metrie Complete^® suite of pre-finished solutions that has enjoyed tremendous success with home builders across the US.”

ABOUT METRIE

For nearly 100 years, Metrie has helped people transform their homes with high-quality millwork products. The Metrie story began in 1926 as a small, family-owned and -operated business in Vancouver, B.C. Since then, Metrie’s commitment to innovation and customer experience has helped the company expand operations to include seven domestic millwork manufacturing sites producing solid wood and MDF mouldings with pre-finishing capabilities for both mouldings and doors, plus 26 distribution centers in the U.S. and Canada.

Metrie has grown over the last nine decades to become the largest MDF moulding manufacturer in North America. For more information, please visit www.Metrie.com or visit us on social media: LinkedIn, Facebook, Instagram, Twitter, Pinterest, YouTube and Houzz.

Contacts

For more information, contact: Jonathan Anthony, Director, Corp. Communications | Jonathan.Anthony@metrie.com | 604-630-3262