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

slate sells another good property not the garbage they cant

[MARKOPOLIS]

https://www.costar.com/article/1913785345/crown-realty-partners-buys-office-complex-for-256-million-in-toronto-suburb

[pennydredful]

I guest they  thought  they needed to  sell  something prior  to the meeting next week  to retain whatever credibility is  left  or  they  simply needed the disposition fee?  Sometimes if one is in a bad financial position  one needs  to sell  a jewel which may apply here.

[pennydredful]

price  is   25.6M   not   256   and  SOT    only   owned   50%    so  peanuts  

[Ladislav3]

It may not be a significant holding but it is one of the better occupied ones. This article provides some more details: https://renx.ca/crown-buy-sheridan-exchange-mississauga-slate-office-reit Crown Realty Partners has acquired The Sheridan Exchange, a two-building office complex in Mississauga, Ont., from Slate Office REIT for $25.6 million.   The 101,338-square-foot building at