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Business Wire
23 minutes ago
- Business Wire
Slate Grocery REIT Announces Distribution for the Month of August 2025
TORONTO--(BUSINESS WIRE)--Slate Grocery REIT (TSX: SGR.U) (TSX: (the 'REIT'), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the month of August 2025 of U.S.$0.072 per class U unit of the REIT ("Class U Units"), or U.S.$0.864 on an annualized basis. Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election. Holders of class A units of the REIT ('Class A Units') will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT ('Class I Units') will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units ("Exchangeable Units") will receive a distribution of U.S.$0.072 per unit. If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution. Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on September 15, 2025, to unitholders of record as of the close of business on August 29, 2025. About Slate Grocery REIT (TSX: SGR.U / Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The REIT's resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit to learn more about the REIT. About Slate Asset Management Slate Asset Management is a global investor and manager focused on essential real estate and infrastructure assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners across the real assets space. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit to learn more, and follow Slate Asset Management on LinkedIn, X (Twitter), and Instagram. Forward-Looking Statements Certain information herein constitutes 'forward-looking information' as defined under Canadian securities laws which reflect management's expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words 'plans', 'expects', 'does not expect', 'scheduled', 'estimates', 'intends', 'anticipates', 'does not anticipate', 'projects', 'believes', or variations of such words and phrases or statements to the effect that certain actions, events or results 'may', 'will', 'could', 'would', 'might', 'occur', 'be achieved', or 'continue' and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.
Newsweek
23 minutes ago
- Newsweek
Cubs' No. 1 Prospect Explains 'Welcome to the League' Moment Against Blue Jays
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Not many bounces are going the Chicago Cubs' way right now, and apparently, that luck even extends to those who just joined the team. The Cubs called up their top prospect, outfielder Owen Caissie, to make his major league debut on Thursday. The 23-year-old Canadian had a homecoming of sorts, joining Chicago for its final game in a series at the Rogers Centre against the Toronto Blue Jays. With the Cubs seeking a win to salvage a series split, Caissie came up in his first plate appearance against future Hall of Famer Max Scherzer, and he did all he could do. TORONTO, ON - AUGUST 14: Owen Caissie #19 of the Chicago Cubs swings during his major league debut game against the Toronto Blue Jays during the seventh inning in their MLB game at the Rogers... TORONTO, ON - AUGUST 14: Owen Caissie #19 of the Chicago Cubs swings during his major league debut game against the Toronto Blue Jays during the seventh inning in their MLB game at the Rogers Centre on August 14, 2025 in Toronto, Ontario, Canada. (Photo by)Launching a line drive into the left-center field gap, Caissie thought for all the world that he had extra bases. But out of nowhere, Blue Jays left fielder Davis Schneider, a utility player not typically known for his defensive prowess, came hurtling in to make a sensational diving grab as the ball flew over his right shoulder. Caissie couldn't help but chuckle, because he'd hit the ball right on the screws. "Just hit the ball and run," Caissie said, per Keegan Matheson of "Schneider made a great play, so it was a 'welcome to the league' moment." Unfortunately for Caissie, he went on to finish the game 0-for-4, and the Cubs dropped a 2-1 decision to fall to 68-52. They're now eight games back of the Milwaukee Brewers in the National League Central. Caissie is from Burlington, Ontario, which is only about an hour drive from Rogers Centre. He was playing in front of a large group of friends and family, so large he couldn't approximate just how many there were. Now, Caissie will get his first taste of Wrigley Field, as the Cubs are set to host the Pittsburgh Pirates for a three-game series beginning Friday. More MLB: Mets Predicted to Lose 5-Time All-Star Pete Alonso in Free Agency Surprise
Toronto Star
24 minutes ago
- Toronto Star
Partners Value Investments L.P. Announces Q2 2025 Interim Results
TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the 'Partnership', TSX: TSX: announced today its financial results for the six months ended June 30, 2025. All amounts are stated in U.S. dollars. The Partnership recorded a net loss of $6.2 million for the quarter ended June 30, 2025, compared to net income of $21.6 million in the prior year quarter. The decrease in income was primarily due to unfavorable foreign currency movements as a result of the appreciation of the Canadian dollar against the U.S. dollar and higher tax recoveries recorded in the prior year quarter, partially offset by higher dividend and investment income compared to the prior year quarter. A loss of $8.6 million was attributable to the Equity Limited Partners, and income of $2.4 million was attributable to Preferred Limited Partners.
