Slate Office REIT Appoints Michael Sheehan as CFO

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Slate Office REIT Appoints Michael Sheehan as CFO

Monday, December 16, 2019

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TORONTO

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TSX:
SOT.UN

TORONTO--(BUSINESS WIRE)--Slate Office REIT (TSX: SOT.UN) (the "REIT") announced today the appointment of Michael Sheehan as the REIT’s Chief Financial Officer effective December 16, 2019.

Michael most recently served as a Director and Controller of the REIT, overseeing the REIT’s financial reporting, treasury and risk management functions. Prior to joining Slate Asset Management, Michael worked at Ernst & Young LLP.

“Michael has continuously demonstrated his deep knowledge of both our business and the real estate industry since joining our team in 2017,” said Scott Antoniak, Chief Executive Officer of the REIT. “Michael’s background and experience in real estate and finance combine to make him an ideal successor for this role and we believe that he will be an excellent addition to the REIT’s senior management team.”

Michael replaces Robert Armstrong, who will continue as a member of the senior leadership team of Slate Asset Management. In his role, Robert will support the REIT and other business verticals of Slate Asset Management going forward. Slate Asset Management believes in the continual growth of its people and strives to provide the opportunity for employees to achieve their career goals. This appointment demonstrates the strength of the Slate Asset Management team and the depth of service that Slate Asset Management provides the REIT. The REIT would like to thank Robert for his valuable contributions to Slate Office REIT throughout his tenure as Chief Financial Officer.

About Slate Office REIT (TSX: SOT.UN)

Slate Office REIT is an open-ended real estate investment trust. The REIT's portfolio comprises 37 strategic and well located real estate assets located primarily across Canada's major population centres and includes two downtown assets in Chicago, Illinois. The REIT is focused on maximizing value through internal organic rental and occupancy growth and strategic acquisitions. Visit slateofficereit.com to learn more.

About Slate Asset Management

Slate Asset Management is a leading real estate focused alternative investment platform with over $6 billion in assets under management. Slate is a value-oriented manager and a significant sponsor of all of its private and publicly traded investment vehicles, which are tailored to the unique goals and objectives of its investors. The firm's careful and selective investment approach creates long-term value with an emphasis on capital preservation and outsized returns. Slate is supported by exceptional people, flexible capital and a demonstrated ability to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Contact:

Investor Relations
+1 416 644 4264
ir@slateam.com

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