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Slate Office REIT faces $158M debt default amid challenging market conditions

The trust has been particularly affected by work from home culture due to its focus on the office spaces


  • Jun 26 2024
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Slate Office REIT faces $158M debt default amid challenging market conditions
Slate Office REIT faces $158M debt default amid challenging market conditions
Slate Office REIT, whose portfolio includes properties in both Canada and the United States, has defaulted on $158 million of debt despite an ambitious restructuring plan that included selling off significant assets. It appears broader economic trends and sector weaknesses have hindered the company's efforts. Read More

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