Slate Retail REIT Announces Senior Management Changes

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Slate Retail REIT Announces Senior Management Changes

Monday, December 16, 2019

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Dateline:

TORONTO

Public Company Information:

TSX:
SRT.UN
TSX:
SRT.U

TORONTO--(BUSINESS WIRE)--Slate Retail REIT (TSX: SRT.U) (TSX: SRT.UN) (the "REIT"), an owner and operator of U.S. grocery-anchored real estate, announced today the appointments of Andrew Agatep as the REIT’s Chief Financial Officer and David Dunn as the REIT’s Chief Operating Officer effective December 16, 2019.

Andrew joined Slate Retail REIT in 2015 and most recently served as a Vice President and Controller of the REIT, overseeing the REIT’s financial reporting, treasury and risk management functions. Prior to joining Slate Asset Management, Andrew worked at BHP Billiton in Melbourne, Australia and at PricewaterhouseCoopers LLP.

David also joined Slate Retail REIT in 2015 and most recently served as Vice President, Asset Management. Prior to joining Slate Asset Management, David worked at CBRE, a global real estate company.

“Andrew and David have both made significant contributions to our business over the past four years,” said Greg Stevenson, Chief Executive Officer of the REIT. “We are confident that Andrew and David will continue to play meaningful roles in executing on our strategic plan and creating growth for our unitholders.”

Andrew replaces Robert Armstrong, who will continue as a member of the senior leadership team of Slate Asset Management. In his role, Robert will support the REIT and other business verticals of Slate Asset Management going forward. Slate Asset Management believes in the continual growth of its people and strives to provide the opportunity for employees to achieve their career goals. These appointments demonstrate the strength of the Slate Asset Management team and the depth of service that Slate Asset Management provides the REIT. The REIT would like to thank Robert for his valuable contributions to Slate Retail REIT throughout his tenure as Chief Financial Officer.

About Slate Retail REIT (TSX: SRT.U / SRT.UN)
Slate Retail REIT is a real estate investment trust focused on U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $1.3 billion of assets located across the top 50 U.S. metro markets that are visited regularly by consumers for their everyday needs. The REIT’s diversified portfolio and quality tenant covenants provide a strong basis to continue to grow unitholder distributions and the flexibility to capitalize on opportunities that drive value appreciation. Visit slateretailreit.com to learn more about the REIT.

About Slate Asset Management
Slate Asset Management is a leading real estate focused alternative investment platform with over $6 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'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 slateam.com to learn more.

Contact:

Investor Relations
+1 416 644 4264
ir@slateam.com

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