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

Alternate Symbol(s):  T.SOT.DB.A | 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

Post by SNAKEYBOYon Apr 07, 2023 10:21am
350 Views
Post# 35384561

IT DOESNT ADD UP

IT DOESNT ADD UPBased on "clean the slate" presentation it was clear armoyane was not happy with the status quo of SOT.UN and wanted a board seat to propose his direction.   And now we learned that direction was nothing more than a dividend cut which is probably wouldnt have been his motive for buying the reit.  "hey lets target a weak office reit, and try to get them to cut their dividend"

there absolutely must be something else we are not privvy too which is the ultimate sale of the reit....thats the only way it makes sense
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