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

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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > Any idea what

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Post by divime1 on Nov 18, 2024 4:19pm

Any idea what

this means ? " it has become clear that a successful turnaround requires a new strategic direction. " Does it mean they will convert some office buildings to apartments ?

The new guy seems to have lots of experience in apartments . Mr. Poladian has served on the Board of Trustees of Killam Apartment REIT and CEO/co-founder of Junction Realty Partners Inc., a boutique developer of mini-midrise rental apartments in Toronto.

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Comment by TVR on Nov 18, 2024 5:24pm

Pretty sure the referenced "new strategic direction" does not involve conversion of office buildings to residential for the simple reason the REIT does not have the financial resources to fund such conversions. I remember the new director from when he was an equity research analyst for REITs at Canaccord Genuity from 2003 to 2012. Following that he was CEO of FAM REIT for a couple ...more

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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026