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

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

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 MARKOPOLISon Jun 01, 2023 7:26am
257 Views
Post# 35474300

OFFICE SECTOR STRUGGLE

OFFICE SECTOR STRUGGLE

OFFICE SECTOR STRUGGLES

Alexander called office spaces “the country’s most lackluster segment,” with little hope of returning to pre-pandemic norms.

While employment growth might bolster some recovery, he said that a “changed culture favouring work-life balance suggests a return to pre-pandemic occupancy in the office sector is unlikely.”

RE/MAX’s report bore that out, finding the office sector was struggling “in markets across the country” with the rise of hybrid work. Some companies are trying to incentivize employees back to work with a “more social component” of office life, while others are considering reducing their physical footprints.

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