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late Asset Management is accelerating its focus on essential real estate, investing globally in asset classes that support day-to-day life needs such as grocery, residential, industrial, logistics, and healthcare. This shift will allow the firm to redeploy capital and resources into highly defensive and high-growth sectors.

    As part of this strategy, Slate has accepted an offer to sell its interest in a 11-property office portfolio in Toronto and Ottawa, significantly reducing its global exposure to office real estate. Additionally, Slate Management ULC, the external manager of Slate Office REIT, is terminating its agreement with the REIT.

    "We're sharpening our focus on essential real estate to drive value for our partners," said Brady Welch, Co-Founding Partner of Slate. "Our platform has a strong track record in non-traditional office spaces, and we believe this is an opportune time to direct our team's energy into high-growth sectors."

    Slate will continue to deploy capital strategically across its established platforms in the US, Canada, and Europe, focusing on asset classes that align with its thematic focus on essential real estate. With a global portfolio spanning $9 billion in assets under management, Slate has been an active investor in essential real estate since 2011.

    As a global alternative investment platform, Slate focuses on fundamentals to create long-term value for investors and partners. The firm's platform encompasses four areas of real assets: real estate equity, real estate credit, real estate securities, and infrastructure.