Slate Grocery REIT 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.

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Slate Grocery REIT > Bought Deal

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Post by DanielDarden123on Mar 31, 2021 5:56pm

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Post# 32919477

Bought Deal

Before we all get hot, bothered and ridiculous, let’s remember that this is not tiddlywinks; this is the stock market. The issue price is negotiated by the lead underwriter and the issuer before the new issue is announced. The new issue closes on a later date and much transpires each and every day. Many factors will determine the level of trading upon closing. To expect a new issue to always trade above the issue price is simply ludicrous. If there is value in the company and it is being mispriced temporarily, opportunity abounds.

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