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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.DB.A


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

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

Comment by DanielDardenon Dec 30, 2023 1:51pm
125 Views
Post# 35805216

RE:VOTING AGAINST LEVERAGE

RE:VOTING AGAINST LEVERAGE
MARKOPOLIS wrote: Wil force slam to reduce fees to zero 

or it doesn't continue to be a going concern 

If you are suggesting that SLAM is impacted more than SOT if the vote does not succeed you should reconsider your logic. In that scenario SOT would likely have to dispose of properties at liquidation prices with vultures circling (GA ?). SLAM could take over some properties to collect their accrued fees. Unitholders would be the ultimate losers as NAV/u would drop further.
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