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Slate Office REIT Reports Second Quarter 2021 Results Demonstrating Strong Leasing Activity


Press release content from Business Wire. The AP news staff was not involved in its creation.
Slate Office REIT Reports Second Quarter 2021 Results Demonstrating Strong Leasing Activity
July 30, 2021 GMT
TORONTO (BUSINESS WIRE) Jul 29, 2021
Slate Office REIT (TSX: SOT.UN) (the “REIT”), an owner and operator of North American office real estate, reported today financial results for the three and six months ended June 30, 2021.
“Slate Office REIT’s strong second quarter results demonstrate the continued strengthening of the real estate market and the demand for office space,” said Steve Hodgson, Chief Executive Officer of Slate Office REIT. “The REIT completed over 347,000 square feet of leasing in the second quarter at positive rental rate spreads, which is more than triple the volume completed in the first quarter. Continued progress on vaccines will support further increases in touring activity, office utilization rates and real estate fundamental ....

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