Slate Grocery REIT SRRTF

Primary Symbol: T.SGR.UN

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.

TSX:SGR.UN - Post by User

Slate Grocery REIT > Concerning Q1

<< Previous

Bullboard Posts

Next >>

Comment by DanielDardenon May 23, 2023 3:56pm

346 Views

Post# 35460798

RE:Concerning Q1

IMO there is much more to consider than the Income Statement. The Cash Flow Statement is much more useful because depreciation is a non cash expense (for tax purposes only). Current debt, avg. lease term, type of leases, cap rates, are better indicators of the quality of management.

See my previous posts here about SOT. Unless you feel that all the office real estate managers ar terrible, their challenges were blindsiding. It is currently dragging SGR down which provides an opportunity to take advantage, IMO.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages