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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

Post by toddkazon Oct 24, 2024 12:38pm
239 Views
Post# 36280488

Slate Office and GA Options

Slate Office and GA OptionsSlate Office and specifically George Armoyan have a few options if people are willing to discuss

1. Bankruptcy - I don't see this as an option for GA but it is for Slate Office.  George Armoyan would lose millions

2.  Dilution - I also don't see this as an option as GA would lose millions

3. Taking Private - I see this as a viable option as its one of the only ways GA can save his investment

4. Profitability - This one completely depends on getting tenants into empty buildings or selling empty buildings which isn't easy.

For me I think 1 and 2 are off the table for GA but is always a possibility if it means keeping Slate Office from bankruptcy.

I can't see GA wanting to lose his investment so his options are very limited.  What are people's thoughts?
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