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.

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Slate Grocery REIT

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Comment by halcroon Mar 30, 2015 11:01pm

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Post# 23579772

RE:yearly results have been released

Azzenmcelbow wrote:
yearly results have been released

And they're quite grim.

Fourth-quarter revenue is $11 million, with mining costs of $12 million, administration is up to $2.9 for the final quarter and finance costs are $3.6 million. Both admin and finance are higher than the three other prior quarterly norms.

Total costs of $18.5 million to generate revenue of $12 million.

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