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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

Comment by Northforce13on Jul 28, 2024 12:09pm
153 Views
Post# 36151711

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

RE:RE:RE:RE:BOOM BREAKING NEWS SLAM ADMITS WOES "One of the big red flags to me was that the last quarter financials showed payables were $40 million higher than receivables "

Tenants pay rent immediately (so not much A/R) and many;most vendors = 30 days to pay.  RE companies are different from other industries in this regard.







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