Million Square Feet
Over two-thirds of the Canadian office market is overlooked by institutional capital, providing a tremendous opportunity to build scale.
Mispriced target assets provide the opportunity to acquire additional office properties at significant discount to replacement cost with in place rents that are below market.
Rents from our national portfolio of high quality Canadian office properties comprise the vast majority of revenue.
Two-thirds of Canada’s office space inventory is often overlooked by large commercial real estate platforms, which are focused on “core” buildings in the biggest cities. At Slate, we see great value in this overlooked market, and we are building a leading office-focused REIT to take advantage of this for investors. By buying at a discount to replacement cost with below market rents, we focus on the fundamentals. We use our expertise as market leaders and exceptional hands-on operators to actively manage the assets to create value for our unitholders.