Slate Office REIT reports minor asset dip in Q2

Slate Office REIT, owner and operator of North American real estate, reported financial results revealing relatively stable cash flows, with the exception of the REIT’s hotel assets, during the COVID-19 pandemic.

Including the impact of the REIT’s hotel asset and lease termination income received, the REIT’s same property NOI decreased by $1.2 million or 4.8% compared to the same period in 2019.

Slate Asset Management's real estate-focused alternative investment platform has approximately $6.5 billion in assets under management.

“We continue to be pleased with . . .

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