Slate Grocery REIT T.SGR

Primary Symbol: T.SGR.UN Alternate Symbol(s): SRRTF

Consumer Cyclical Advertising Agencies

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 REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States 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, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

TSX:SGR.UN - Post by User

Slate Grocery REIT

Bullboard Posts

Comment by Gaberlunzieon Feb 26, 2015 4:01pm

199 Views

Post# 23469416

RE:RE:Positive developments

The amount of cash needed to put this mine back to operating shape is apparently very small compared to the amount of capital already sunk. The lenders will almost certainly want an equity position and for this to occur will reverse split the existing shares by 20 for one or even a larger number. All that said and done, nobody has yet to demonstrate the mine can be run at a profit in its present configuration of openings. Hopefully Gibson is busy establishing now that this can be done. Jobs for several hundred people are in the balance.

Bullboard Posts

Understanding tax loss season and the “Santa Claus rally”