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.