Business
Slate Retail REIT Announces Distribution for the Month of June 2014
/NOT FOR DISSEMINATION IN THE UNITED STATES / TORONTO , June 19, 2014 /CNW/ - Sla...
About this update from Slate Grocery Reit Class U
[{"type":"text","content":"\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES/\n\n\nTORONTO, June 19, 2014 /CNW/ - Slate Retail REIT (TSX:SRT.UN/SRT.U)\n (\"Slate Retail\" or the \"REIT\") announced today that the board of\n trustees (the \"Board of Trustees\") has declared a distribution for the\n month of June 2014 of US$0.06 per class U unit of the REIT (\"Class U\n Units\"), representing US$0.72 per Class U Unit on an annualized basis.\n\n\nHolders of Class U Units may elect to receive their distribution in\n Canadian dollars and should contact their broker to make such an\n election. If a holder of Class U Units elects to receive distributions\n in Canadian dollars, the holder will receive the Canadian dollar\n equivalent amount of the distribution being paid on the Class U Units\n based on the U.S./Canadian dollar exchange rate at the time of payment\n of the distribution.\n\n\nHolders of class A units of the REIT (\"Class A Units\") will receive a\n distribution equal to the Canadian dollar equivalent (based on the\n U.S./Canadian dollar exchange rate at the time of payment of the\n distribution) of US$0.060468 per Class A Unit. Holders of class I units\n of the REIT (\"Class I Units\") will receive a distribution equal to\n US$0.063324 per Class I Unit. Holders of units of subsidiaries of the\n REIT that are exchangeable into Class U Units (\"Exchangeable Units\")\n will receive a distribution equal to US$0.06 per unit\n\n\nDistributions on all unit classes of the REIT, and distributions on\n Exchangeable Units, will be payable on July 15, 2014 to unitholders of\n record as of the close of business on June 30, 2014.\n\n\nAbout Slate Retail REIT\nSlate Retail REIT is an open-ended real estate investment trust focused\n on U.S. grocery-anchored real estate. The REIT's portfolio includes 29\n properties located primarily across the top 50 US metro markets.  The\n company is focused on maximizing value through internal organic rental\n growth and strategic acquisitions.  For more information please visit slateretailreit.com\n\n\nSOURCE Slate Retail REIT\n\n\n\n Blair Welch CEO (416) 644-4267 Brady Welch CFO (416) 644-4263 Copyright CNW Group 2014","length":2999,"tagName":"div"}]