Post by
DanielDarden on Oct 10, 2024 3:19pm
Like A Bikini
Much 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.
Comment by
Tree2tree on Oct 10, 2024 3:45pm
The SOT board is attracting more bashers, that is a very positive sign. DD, you are full of crapfish like the others.
Comment by
rad10 on Oct 10, 2024 3:55pm
Finally - someone with neurons that aren't just inhibitory................ The fog of war is dense............ People who think they see clearly are delusional and likely to be wiped out.
Comment by
Northforce13 on Oct 13, 2024 12:53am
"By your description you would think the guy was some kind of Messiah" I concur
Comment by
HRc60to65 on Oct 14, 2024 7:36pm
Slate Asset Management to divest Ottawa office portfolio as firm looks to ‘focus on essential real estate’ – Ottawa Business Journal (obj.ca) October 11, 2024
Comment by
rad10 on Oct 14, 2024 8:05pm
no Ottawa assets in the REIT portfolio .... minor detail GLTA -