Slate Office Reit Completes Acquisition Of C$254.8 Million Irish Entity That Owns A Portfolio Of Office, Life Sciences And Lite-Industrial Real Estate In Ireland
Slate Office Reit Completes Acquisition Of C$254.8 Million Irish Entity That Owns A Portfolio Of Office, Life Sciences And Lite-Industrial Real Estate In Ireland
02/07/22, 7:42 PM
Location
torontoIndustry
finance
Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of office real estate, announces today that the Scheme of Arrangement1 in respect of the REIT’s Firm Offer2 to acquire all of the issued and outstanding shares of Yew Grove REIT plc (an Irish-incorporated real estate investment trust that is dual-listed on Euronext Dublin (Ireland) and the AIM market of the London Stock Exchange) (“Yew Grove”), for cash consideration of €1.017 per share (the "Proposed Acquisition"), became effective today, 7 February 2022, thereby completing closing of the Proposed Acquisition.
Company Info
Location
Toronto, Ontario, Canada
Company info
Slate Asset Management is a global alternative investment platform focused on real estate. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform spans a range of investment strategies, including opportunistic, value add, core plus and debt investments. We are supported by exceptional people and flexible capital, which enables us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.