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Content tagged with: Office

Slate Office REIT shareholders OK plan to remove debt ceiling

Don Wilcox Commercial Office National Jan. 16 2024

Shareholders of Slate Office REIT (SOT-UN-T) have voted to temporarily remove a debt ceiling of 65 per cent of the trust’s gross book value to allow it additional flexibility while navigating a period of higher leverage and interest rates.

Vancouver downtown office bucks national trend: Vacancy in decline

Evan Duggan Commercial Office Metro Vancouver Jan. 15 2024

Vancouver’s office market stepped closer to stability as the national office market remained challenged by elevated vacancy in Q4 2023, CBRE reports. Vancouver's downtown vacancy declined to 11 per cent in sharp contrast to a record-high 19.4 per cent nationally

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