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 (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.