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Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 T.SOT.UN


Primary Symbol: T.SOT.DB Alternate Symbol(s):  T.SOT.DB.B | SLTTF | T.SOT.DB.A



TSX:SOT.DB - Post by User

Slate Office REIT 9 00 Convertible Unsecured Subordinated Debentures Exp 28 Feb 2026 > WOW ASSET DISPOSITION AT PREMIUM TO NAV
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Comment by Ladislav3on Oct 05, 2022 5:11pm
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Post# 35007848

RE:RE:RE:WOW ASSET DISPOSITION AT PREMIUM TO NAV

RE:RE:RE:WOW ASSET DISPOSITION AT PREMIUM TO NAVYes there's no need to get excited about debt repayment or NCIB because they've already announced their intentions in the press release for the sale. The Manager needs to get those juicy fees to support its other projects.

"The strategic disposition of the property at 95-105 Moatfield Drive is a testament to our team's ability to unlock value for the REIT's unitholders in all market conditions," said Steve Hodgson, Chief Executive Officer of Slate Office REIT. "The sale price at a significant premium to purchase price further validates the REIT's net asset value and the upside potential of the REIT's stock and unlocks equity capital for the REIT to redeploy into more modern, high-quality assets with stable cash flow."

SNAKEYBOY wrote: ncib? get real, they are going to buy another property at premium that fits their profile


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