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Slate Asset Agrees to Pay US$2.33 Billion for Real Estate Business of New York’s Annaly

Toronto-Based Firm To Roll US$390 Million of Grocery-Anchored Malls Into Its Publicly Traded REIT
Slate Grocery REIT properties include a number of tenants such as Winn-Dixie. (CoStar)
Slate Grocery REIT properties include a number of tenants such as Winn-Dixie. (CoStar)
CoStar News
March 25, 2021 | 10:24 P.M.

Slate Asset Management has agreed to pay 2.33 billion U.S. dollars for the commercial real estate business of New York-based Annaly Capital Management, a move that includes stakes in US$390 million of grocery store-anchored malls.

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