Slate Grocery REIT 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

Slate Grocery REIT

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Post by logicandinertiaon Jan 10, 2022 10:09am

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Post# 34299558

CEO stepping down

Never great for a share price at all-time highs and weekly RSI at levels not seen for years.

No reason given for the change. Been with Slate since 2015, and prior to that, was a real estate broker.

Maybe with company's current size, need a more seasoned CEO with more experience. That is the most logical thing.

Stock market hates uncertainty, and this introduces temporary uncertainty re: CEO change and transition.

Good luck to all.

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