TSX:RPR.DB - Post by User
Post by
DanielDardenon Oct 10, 2024 3:19pm
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Post# 36261512
Like A Bikini
Like A BikiniMuch is left to be revealed here post the SOT press release regarding SLAM. Resigning from the Board allows the Welchs to negiotate with the Board without a conflict. It is very unlikely that SLAM will not get compensation for relinquishing the management contract. That is just what happens in this scenario.
The notion that a micro REIT can efficiently internalize should be bothersome to all unitholders. Normally efficiency is not gained until a billion dollars in market cap. This is precedent setting!
Those that are blaming SLAM for this fiasco, are unwittingly ignoring the fact that the office market has changed drastically since Covid in 2020. Hanging your hat on GA after he has lost his shirt here is a bold move IMO.