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.

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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Insiders transaction

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Comment by Meesha1on Aug 21, 2023 11:39am

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Post# 35597908

RE:RE:RE:RE:RE:Insiders transaction

I agree. Unless it was just a symbolic purchase (It wasn't that much after all. Lets see if they do more), it doesn't make sense without asset sales. Unit repurchases are accretive to NAV, but they increase leverage, which is their biggest threat right now. I'm assuming they aren't insane.

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