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Slate Grocery REIT T.SGR


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

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

Bullboard Posts
Comment by bitwiton Mar 25, 2015 9:48pm
234 Views
Post# 23562453

RE:RE:San Gold Advises on March 31 Debenture Interest Payment

RE:RE:San Gold Advises on March 31 Debenture Interest Payment
SuperMoney wrote: Bankrupt! Thanks to God and I did not buy in today. A large share dumping could happen tomorrow.


SGR was hinting to this, and the deb shares were down quite a bit since tuesday.

I'm just guessing, but I reckon they will convert deb shares into common shares.  This really sucks if you are deb holder though... 

But hopefully deb holders get a fair convertion ratio.  SGR litterally cannot make the interest payments and have to re-structure to rein in their expenses.
Bullboard Posts