/NOT FOR DISSEMINATION IN THE UNITED
STATES/
TORONTO, June 15, 2015 /CNW/ - Slate Office REIT
("Slate Office" or the "REIT") (TSX: SOT.UN) announced today that
the Board of Trustees has declared a distribution for the month of
June 2015 of CDN$0.0625 per trust unit of the REIT.
The distribution will be payable on July
15, 2015 to unitholders of record as of the close of
business on June 30, 2015.
Slate Asset Management LP ("Slate"), is the REIT's manager.
Distribution Reinvestment Plan
Eligible unitholders
(which includes holders of Class B limited partnership units that
are exchangeable into trust units of the REIT) that elect to
participate in the Distribution Reinvestment Plan (the "DRIP") will
have their cash distributions used to purchase trust units of the
REIT and will also receive a "bonus distribution" of units equal in
value to 3% of each distribution. Unitholders wishing to
participate should contact their investment advisors to enroll in
the DRIP. Additional details and information can be found on
the REIT's website at www.slateofficereit.com.
The REIT may issue up to 1,045,000 trust units of the REIT under
the DRIP. The REIT may increase the number of trust units available
to be issued under the DRIP at any time at its discretion subject
to (a) the approval of the Board of Trustees, (b) the approval of
any stock exchange upon which the trust units trade, and (c) public
disclosure of such an increase.
About Slate Office REIT
Slate Office REIT is an
open-ended real estate investment trust listed on the Toronto Stock
Exchange as "SOT.UN". The REIT's portfolio comprises strategic and
well-located real estate assets located primarily across
Canada's major population centres.
The REIT will concentrate future growth on strategic acquisitions
of high quality downtown and suburban office properties. The REIT
is also focused on maximizing value through internal organic rental
and occupancy growth. More information is available at
www.slateofficereit.com.
About Slate Asset Management
Slate is a leading real
estate investment platform with over $2.5
billion in assets under management. Slate is a
value-oriented company and a significant sponsor of all 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 proven
ability to originate and execute on a wide range of compelling
investment opportunities. More information is available at
www.slateam.com.
SOURCE Slate Office REIT