{"id":404515,"date":"2020-12-22T09:03:33","date_gmt":"2020-12-22T14:03:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404515"},"modified":"2020-12-22T09:03:33","modified_gmt":"2020-12-22T14:03:33","slug":"slate-grocery-reit-announces-changes-to-the-board-of-trustees","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/","title":{"rendered":"Slate Grocery REIT Announces Changes to the Board of Trustees"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Slate Grocery REIT Announces Changes to the Board of Trustees<\/b><\/p>\n<p>TORONTO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nSlate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the \u201cREIT\u201d), an owner and operator of U.S. grocery-anchored real estate, announced today that Tom Farley has decided to step down as Chair of the REIT\u2019s Board of Trustees (the \u201cBoard\u201d). Andrea Stephen, a current independent trustee of the Board, has been appointed Chair.\n<\/p>\n<p>\nTom, who was appointed as Chair of the REIT in 2014, has decided to stand down as Chair so that he can focus on his growing responsibilities at Slate Office REIT, where he has been appointed Chair of Slate Office REIT\u2019s Board of Trustees. Tom will remain an independent trustee of the REIT.\n<\/p>\n<p>\n\u201cOn behalf of the Board, I would like to thank Tom for his many contributions as Chair of the Board of Slate Grocery REIT,\u201d said Andrea Stephen, incoming Chair of the Board. \u201cTogether with the rest of the Board and management team, we are excited to grow this business. Given our recent C$75 million equity issue, we have several accretive acquisitions we are considering and look to finalize in the first quarter of 2021. We will continue to pursue additional growth opportunities as we move forward.\u201d\n<\/p>\n<p>\n\u201cAndrea has deep experience in the commercial real estate industry both as an executive at Cadillac Fairview Corporation Limited and a corporate director at a number of public companies,\u201d said Blair Welch, Founding Partner of Slate Asset Management. \u201cWe look forward to Andrea\u2019s continued contributions to our Board as we move ahead with our strategic plan.\u201d\n<\/p>\n<p>\nAndrea will step down as the Chair of the REIT\u2019s Compensation, Governance and Nominating Committee. Marc Rouleau, an existing Trustee of the REIT, has been appointed Chair of this committee.\n<\/p>\n<p>\nMore information about Andrea\u2019s experience can be found <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.slategroceryreit.com%2Fgoverningteam%2Fandrea-stephen&amp;esheet=52352667&amp;newsitemid=20201222005374&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=879c61f4fdba3c64f74d326a90d5438e\">here<\/a>.\n<\/p>\n<p>\nThese changes to the Board are effective January 1, 2021.\n<\/p>\n<p><b>About Slate Grocery REIT (TSX: SGR.U \/ SGR.UN)<\/b><\/p>\n<p>\nSlate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT\u2019s 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fslategroceryreit.com&amp;esheet=52352667&amp;newsitemid=20201222005374&amp;lan=en-US&amp;anchor=slategroceryreit.com&amp;index=2&amp;md5=9b5cfee53a7d3f8683ffdf88e61e3973\">slategroceryreit.com<\/a> to learn more about the REIT.\n<\/p>\n<p><b>About Slate Asset Management<\/b><\/p>\n<p>\nSlate Asset Management is a leading real estate focused alternative investment platform with approximately $6.5 billion in assets under management. Slate is a value-oriented manager and a significant sponsor of all of its private and publicly traded investment vehicles, which are tailored to the unique goals and objectives of its investors. The firm&#8217;s careful and selective investment approach creates long-term value with an emphasis on capital preservation and outsized returns. Slate is supported by exceptional people, flexible capital and a demonstrated ability to originate and execute on a wide range of compelling investment opportunities. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.slateam.com&amp;esheet=52352667&amp;newsitemid=20201222005374&amp;lan=en-US&amp;anchor=slateam.com&amp;index=3&amp;md5=6b36f37b1899ba73857cc9ccf001c949\">slateam.com<\/a> to learn more.\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nCertain information herein constitutes \u201cforward-looking information\u201d as defined under Canadian securities laws which reflect management\u2019s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words \u201cplans\u201d, \u201cexpects\u201d, \u201cdoes not expect\u201d, \u201cscheduled\u201d, \u201cestimates\u201d, \u201cintends\u201d, \u201canticipates\u201d, \u201cdoes not anticipate\u201d, \u201cprojects\u201d, \u201cbelieves\u201d, or variations of such words and phrases or statements to the effect that certain actions, events or results \u201cmay\u201d, \u201cwill\u201d, \u201ccould\u201d, \u201cwould\u201d, \u201cmight\u201d, \u201coccur\u201d, \u201cbe achieved\u201d, or \u201ccontinue\u201d 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.\n<\/p>\n<p>\nForward-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.\n<\/p>\n<p><i>SGR-BT<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005374r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201222005374\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201222005374\/en\/<\/a><\/span><\/p>\n<p><b>For Further Information<br \/>\n<\/b><br \/>Investor Relations<br \/>\n<br \/>+1 416 644 4264<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@slateam.com\">ir@slateam.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> North America Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Retail Supermarket Commercial Building &amp; Real Estate Finance Construction &amp; Property REIT<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201222005374\/en\/814375\/3\/L_Slate_Grocery_REIT_PNG_E.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Slate Grocery REIT Announces Changes to the Board of Trustees TORONTO&#8211;(BUSINESS WIRE)&#8211; Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the \u201cREIT\u201d), an owner and operator of U.S. grocery-anchored real estate, announced today that Tom Farley has decided to step down as Chair of the REIT\u2019s Board of Trustees (the \u201cBoard\u201d). Andrea Stephen, a current independent trustee of the Board, has been appointed Chair. Tom, who was appointed as Chair of the REIT in 2014, has decided to stand down as Chair so that he can focus on his growing responsibilities at Slate Office REIT, where he has been appointed Chair of Slate Office REIT\u2019s Board of Trustees. Tom will remain an independent trustee of the REIT. \u201cOn behalf of the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Slate Grocery REIT Announces Changes to the Board of Trustees&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-404515","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Slate Grocery REIT Announces Changes to the Board of Trustees - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Slate Grocery REIT Announces Changes to the Board of Trustees - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Slate Grocery REIT Announces Changes to the Board of Trustees TORONTO&#8211;(BUSINESS WIRE)&#8211; Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the \u201cREIT\u201d), an owner and operator of U.S. grocery-anchored real estate, announced today that Tom Farley has decided to step down as Chair of the REIT\u2019s Board of Trustees (the \u201cBoard\u201d). Andrea Stephen, a current independent trustee of the Board, has been appointed Chair. Tom, who was appointed as Chair of the REIT in 2014, has decided to stand down as Chair so that he can focus on his growing responsibilities at Slate Office REIT, where he has been appointed Chair of Slate Office REIT\u2019s Board of Trustees. 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Andrea Stephen, a current independent trustee of the Board, has been appointed Chair. Tom, who was appointed as Chair of the REIT in 2014, has decided to stand down as Chair so that he can focus on his growing responsibilities at Slate Office REIT, where he has been appointed Chair of Slate Office REIT\u2019s Board of Trustees. Tom will remain an independent trustee of the REIT. \u201cOn behalf of the &hellip; Continue reading \"Slate Grocery REIT Announces Changes to the Board of Trustees\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/","og_site_name":"Market Newsdesk","article_published_time":"2020-12-22T14:03:33+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005374r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Slate Grocery REIT Announces Changes to the Board of Trustees","datePublished":"2020-12-22T14:03:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/"},"wordCount":796,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201222005374r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/slate-grocery-reit-announces-changes-to-the-board-of-trustees\/","name":"Slate Grocery REIT Announces Changes to the Board of Trustees - 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