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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

Comment by pennydredfulon Apr 07, 2023 12:12pm
128 Views
Post# 35384670

RE:IT DOESNT ADD UP

RE:IT DOESNT ADD UPThe problem for a buyer of the REIT  is  that they  are stuck with SLAMs  evergreen  contract to  manage  the  REIT   so   who  would want  that ?  Yes   SLAM  would  likely  be willing to sell  that  at  a price  but   it   would   come  out   of whatever  the unit holders  were  entitled  to  as the contract is worthless  to   a    real estate  buyer. 
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