Slate Grocery REIT SRRTF

Primary Symbol: T.SGR.UN

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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 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 > Rising NAV/u

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Post by DanielDarden123on Jul 27, 2021 10:48pm

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Post# 33614958

Rising NAV/u

As of Jun. 30/21; NAV/u is $12.44/u (U.S.) using a cap rate of 7% down from 7.34% on Dec.31/20. When the 25 new Centers are added this Q at still lower cap rates NAV/u should rise further with a corresponding jump in market price. In addition, the POR should drop as AFFO/u improves.

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