TORONTO, June 2, 2014 /CNW/ - The Board of Trustees of Slate Retail REIT (TSX:SRT.UN/SRT.U) ("Slate Retail" or the "REIT") today announces the appointment of Thomas F. Farley as Chairman of the Board.
Mr. Farley is Chairman of the Board of Brookfield Canada Office Properties and has over 30 years of real estate industry experience. Most recently, Mr. Farley held the position of President and Global Chief Operating Officer of Brookfield Office Properties, overseeing asset management, leasing, and property operating initiatives. Further, he served as Chairman of the Board of Brookfield Johnson Controls Canada and Brookfield Johnson Controls Australia. Previously at Brookfield he was CEO of Canadian Commercial Operations, CEO of Australian Commercial Operations and Senior Vice President, Western Canada.
"We are very pleased and honoured to have Tom join the Board," said Blair Welch, Chief Executive Officer of Slate Retail. "He brings broad industry knowledge and management expertise that will be valuable as we grow the REIT portfolio and strive to deliver long-term unitholder value."
About Slate Retail REIT
Slate Retail REIT is an open-ended real estate investment trust and a pure-play in U.S. grocery-anchored real estate. The REIT's portfolio includes 29 properties across 14 states with name brand tenants that occupy approximately 70% of gross leasable area. The REIT's manager, Toronto-based Slate Properties Inc., has an experienced and dedicated team of real estate professionals with a proven track record of success in U.S. grocery-anchored real estate. The Slate team has established a significant presence in key target markets, predominantly within the top 50 U.S. metro areas, and has the resources in place to quickly capitalize on opportunities for accretive growth.
Image with caption: "Thomas F. Farley - Chairman of the Board of Trustees, Slate Retail REIT (CNW Group/Slate Retail REIT)". Image available at: http://photos.newswire.ca/images/download/20140602_C8019_PHOTO_EN_40979.jpg
SOURCE: Slate Retail REIT
For further information:
Chief Executive Officer
Chief Financial Officer