Join today and have your say! It’s FREE!
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by DanielDardenon Oct 22, 2023 12:51pm
357 Views
Post# 35695318

Uncertainty= Opportunity

Uncertainty= OpportunityAmidst the REIT carnage the uncertainty related to the Kroger- Albertsons merger is undoubtedly causing some to overlook some. The SOT fiasco is lightly weighing on this reit also adding to the perception of risk. The payout here should easily outperform any GIC presently.

IR has informed that C&S will acquire 22 locations in the portfolio from Kroger post the merger if approved. Meanwhile, C&S has provided assurance that no locations will be closed. It appears that some are overreacting to these developments, hence the opportunity to add. 
<< Previous
Bullboard Posts
Next >>