Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Voyageur Signs Letter of Intent with Large Multinational Pharmaceutical Company (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Real Estate REIT - Diversified
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

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > BOOM BREAKING NEWS SLAM ADMITS WOES
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(288)
•••
Comment by rad10on Jul 28, 2024 9:57am
110 Views
Post# 36151617

RE:RE:RE:RE:BOOM BREAKING NEWS SLAM ADMITS WOES

RE:RE:RE:RE:BOOM BREAKING NEWS SLAM ADMITS WOES

pennylane101 wrote: Let's clarify this, are we talking about CCAA or outright bankruptcy?

Armoyan's  behaviour is that of a corporate raider, not an activist investor. From the Globe and Mail article, it appears he is trying to buy Slate properties at a discount and this is how, I believe he will try to recoup his $50 million or so loss.  If he forces the company into bankruptcy, he'll be able to pick and choose properties at fire sale prices.   Hopefully the office real estate sector improves enough within the next six months for investors to recoup their losses.

 

yep!  Any bag holder who sees this guy as a White Knight is spectacularly naive.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities