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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 SLTTF


Primary Symbol: T.SOT.DB Alternate Symbol(s):  T.SOT.DB.A | T.SOT.DB.B | T.SOT.UN

Slate Office REIT (the REIT) is a Canada-based global owner and operator of workplace real estate. The REIT is an unincorporated, open-ended real estate investment trust. The REIT owns interests in and operates a portfolio of real estate assets in North America and Europe. The REIT's portfolio is primarily comprised of government and credit tenants. The REIT's portfolio consists of approximately 54 commercial properties located in Canada, the United States and Ireland. The REIT's Canada operations include Atlantic, Ontario and Western. The REIT is externally managed and operated by Slate Management ULC.


TSX:SOT.DB - Post by User

Post by Northforce13on Apr 11, 2024 2:30pm
138 Views
Post# 35983899

Assets not worth what they say they are

Assets not worth what they say they areManagement fee is based somewhat on gross book value.  

Which means Slate has motivation to be "generous" in valuing their assets.  

Which means their assets are possibly/likely overvalued.

Not good

I own a small bag, bought a bit due to Armoyan involvement

GLTA
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