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Slate Grocery REIT announces US$180 million investment by Slate North American Essential Real Estate Income Fund in connection with Slate Grocery REIT’s US$425 million acquisition of new grocery-anchored real estate portfolio

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Overview

Client

Slate Grocery REIT

On July 15, 2022, Slate Grocery REIT (the REIT) completed a US$180 million investment by Slate North American Essential Real Estate Income Fund, a fund managed by Slate Asset Management, into a strategic joint venture with the REIT to fund the REIT's US$425 million acquisition of a new grocery-anchored real estate portfolio.

Fasken advised the Special Committee of Slate Grocery REIT with a team that included Bradley Freelan, Gesta Abols and Zach Austin.

Jurisdiction

  • Ontario

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Team

  • Bradley A. Freelan, Partner, Toronto, ON, +1 416 865 4423, bfreelan@fasken.com
  • Gesta A. Abols, Partner | Co-Leader, cross border and international practice, Toronto, ON, +1 416 943 8978, gabols@fasken.com
  • Zach Austin, Partner, Toronto, ON, +1 416 865 4375, zaustin@fasken.com
Bradley Freelan Toronto Lawyer Bradley A. Freelan Partner Toronto, ON +1 416 865 4423
Gesta Abols Toronto Lawyer Gesta A. Abols Partner | Co-Leader, cross border and international practice Toronto, ON +1 416 943 8978
Zach Austin, Partner | Mergers & Acquisitions Zach Austin Partner Toronto, ON +1 416 865 4375