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Bullboard - Stock Discussion Forum 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... see more

TSX:SOT.DB - Post Discussion

Post by MARKOPOLIS on Sep 28, 2023 3:20pm

This is hilarious Welch quoted at

Conference skate over beverages balance sheet suck fees sot and now he has come to Jesus moment 


Welch said the ultra-low interest rates of the past 13 years weren’t normal and the current rates aren’t historically out of line. Real estate owners, however, have to be even more focused on their balance sheets in the current environment.

“You can have the best piece of real estate and put a lot of debt on it and lose a lot of money, and you can have an inferior asset and no debt and make a lot of money,” Welch said.

Comment by Ladislav3 on Sep 28, 2023 8:33pm
But what happens when you have an inferior asset and a lot of debt?
Comment by CanSiamCyp on Sep 28, 2023 9:22pm
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