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

RE:Can anyone shed any light on this

[TVR]

I think the Greenstreet source is reliable but the article is not available without a subscription and a quick Google search did not show anybody else reporting this.  Assuming this is accurate it does not sound like a good deal  - $42.5 million for a property they paid $57.5 million for 8 years ago.

Jun 7, 2016 · Slate Office REIT has a deal to acquire Gateway Centre, a 236k SF Class-A office complex at 3000 and 3100 Steeles Ave E in Markham, for $57.5M. The property— two towers...