TORONTO, June 4, 2015 /CNW/ – Slate Retail REIT (the “REIT”) (TSX: SRT.U / SRT.UN) today announced that it has entered into a binding agreement to purchase Barefoot Commons (SC), a 93% occupied, 90,702 square foot grocery-anchored shopping centre located in North Myrtle Beach (Myrtle Beach MSA), SC for U.S.$14.9 million (U.S. $164 per square foot)…. [Read More]
Slate Retail REIT and Slate U.S. Opportunity (No. 3) Realty Trust Announce Closing of Acquisition and Related Financing Arrangements
TORONTO, June 1, 2015 /CNW/ – Slate Retail REIT (the “REIT“) (TSX:SRT.U/SRT.UN) and Slate U.S. Opportunity (No. 3) Realty Trust (“SUSO 3“) are pleased to announce the closing of the acquisition by the REIT of the assets of SUSO 3 (the “Transaction“). As previously announced, at the annual and special meetings of the unitholders of… [Read More]
Slate Retail REIT Announces Normal Course Issuer Bid and Acquisition of Shopping Centre in Ohio
/NOT FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 21, 2015 /CNW/ â Slate Retail REIT (TSX:SRT.UN/SRT.U) (“Slate Retail” or the “REIT”) today announced that the Toronto Stock Exchange (the “TSX“) has accepted the REIT’s notice of intention to make a normal course issuer bid for a portion of its class U units (the “Class… [Read More]
Slate Retail REIT Announces Distribution for the Month of May 2015
/NOT FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, May 19, 2015 /CNW/ â Slate Retail REIT (“Slate Retail” or the “REIT”) (TSX:SRT.UN/SRT.U) announced today that the board of trustees (the “Board of Trustees”) has declared a distribution for the month of May 2015 of US$0.063 per class U unit of the REIT (“Class U Units”),… [Read More]
Slate Retail REIT Announces Solid First Quarter 2015 Results and Overwhelming Unitholder Approval of the Acquisition of Slate U.S. Opportunity (No. 3) Realty Trust
(All dollar amounts in U.S. dollars, unless otherwise stated) TORONTO, May 13, 2015 /CNW/ – Slate Retail REIT (“Slate Retail” or the “REIT”) (TSX: SRT.U / SRT.UN) today announced its financial results for the three months ended March 31, 2015 as well as provided an update on the previously announced proposed acquisition of Slate U.S. Opportunity (No. 3)… [Read More]
Slate Retail REIT Announces ISS and Glass Lewis Recommendations to Vote in Favour of its Proposed Acquisition of Slate U.S. Opportunity (No. 3) Realty Trust and also Announces Amendments to Deferred Unit Plan
TORONTO, May 5, 2015 /CNW/ – Slate Retail REIT (the “REIT“) (TSX:SRT.UN) announced today that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., LLC, have both recommended that the REIT’s unitholders vote “FOR” the previously announced proposed acquisition by the REIT of Slate U.S. Opportunity (No. 3)… [Read More]
Slate Retail REIT Announces Acquisition of Shopping Centre in Illinois
TORONTO, May 4, 2015 /CNW/ – Slate Retail REIT (the “REIT”) (TSX: SRT.U / SRT.UN) today announced that it has entered into a binding agreement to purchase Plaza St. Clair, an 80% occupied, 97,459 square foot grocery-anchored shopping centre located in Fairview Heights (St. Louis MSA), Illinois for U.S.$7,200,000 million (U.S. $74 per square foot). The… [Read More]
Slate Retail REIT Announces Release Date for First Quarter 2015 Results and Provides Update on Recent Acquisition Activity
TORONTO, April 30, 2015 /CNW/ – Slate Retail REIT (the “REIT”) (TSX: SRT.U / SRT.UN) today announced that it will be releasing its first quarter 2015 results after market hours on Thursday, May 14, 2015. Senior management will host a live conference call at 9:00 a.m. ET on Friday, May 15, 2015 to discuss the results and ongoing business initiatives… [Read More]
Slate Retail REIT Announces Distribution for the Month of April 2015
/NOT FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, April 16, 2015 /CNW/ – Slate Retail REIT (“Slate Retail” or the “REIT”) (TSX:SRT.UN/SRT.U) announced today that the board of trustees (the “Board of Trustees”) has declared a distribution for the month of March 2015 of US$0.063 per class U unit of the REIT (“Class U Units”), representing… [Read More]
Slate Retail REIT and Slate U.S. Opportunity (No. 3) Realty Trust Announce Board Approval of Proposed Transaction and Special Meetings of Unitholders
TORONTO, April 2, 2015 /CNW/ – Slate Retail REIT (“Slate Retail” or the “REIT”) (TSX:SRT.U/SRT.UN) and Slate U.S. Opportunity (No. 3) Realty Trust (“SUSO 3”) are pleased to announce that their boards of trustees have unanimously approved the previously announced transaction pursuant to which the REIT will acquire SUSO 3’s assets in a US$195 million… [Read More]
Slate Retail REIT Provides Update on Acquisition of Slate U.S. Opportunity (No. 3) Realty Trust
TORONTO, March 25, 2015 /CNW/ – Slate Retail REIT (the “REIT“) (TSX:SRT.UN) provided an update today in connection with its previously announced agreement to acquire the assets of Slate U.S. Opportunity (No. 3) Realty Trust (“SUSO 3“) in a US$195 million transaction (7.3% cap rate and US$130 per square foot) (the “SUSO 3 Acquisition“). In connection… [Read More]
Slate Retail REIT Announces Closing of C$53.6 Million Bought Deal Equity Offering and C$10.0 Million Private Placement
TORONTO, March 19, 2015 /CNW/ – Slate Retail REIT (the “REIT”) (TSX: SRT.U/SRT.UN) today announced the closing (the “Closing”) of its previously announced public offering of 4,125,000 class U trust units of the REIT (the “Units”), at a price of C$13.00 per Unit (US$10.47) for gross proceeds of approximately C$53.6 million (the “Public Offering”). The Units include 275,000 class U… [Read More]