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Bullboard - Stock Discussion Forum 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... see more

TSX:SOT.DB - Post Discussion

Post by MARKOPOLIS on Dec 29, 2023 9:58am

VOTING AGAINST LEVERAGE

Wil force slam to reduce fees to zero 

or it doesn't continue to be a going concern
Comment by DanielDarden on Dec 30, 2023 1:51pm
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.
Comment by pennydredful on Dec 30, 2023 8:42pm
At   the  last   CC  they   already  announced  the   planned  sale   of   certain non  saleable  properties .  
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