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Bullboard - Stock Discussion Forum Slate Grocery REIT SRRTF


Primary Symbol: T.SGR.UN

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... see more

TSX:SGR.UN - Post Discussion

Slate Grocery REIT > Rising NAV/u
View:
Post by DanielDarden123 on Jul 27, 2021 10:48pm

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.
Comment by logicandinertia on Jul 28, 2021 8:57am
Good post .  I think we will see a gain booked when the large transaction is closed and NAV bumped again.  Agreed that POR will decline once deal is consummated.   good luck.    
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