Slate Grocery REIT T.SGR.UN

Alternate Symbol(s): SRRTF

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Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties (the properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

TSX:SGR.UN - Post by User

Slate Grocery REIT > Slate is toxic name

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Comment by oilisswellon Dec 22, 2023 1:11pm

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Post# 35798029

RE:RE:RE:Slate is toxic name

Well said. I took this ooportunity to lock in a very nice dividend and potential for large capital gains as well. Can't imagine grocery chains suffering the same fate as offices. While companies are altering their work structure to accomodate more work from home scenarios and downsize their office requirements, grocery stores continue to chug along.

Whether they manage to increase rents substantially or not, profit margins are good. Also, since the rents tend to be on the low side, tenants do not appear too eager to move!

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle