Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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 Trust is an owner and operator of United States (U.S.) grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily needs. The Company's properties include Centerplace of... see more

Bullboard (TSX:SGR.UN)

View:
User Avatar Image
(65)
•••
  • logicandinertiaX
Comment by logicandinertiaon Sep 23, 2021 10:07am

RE:RE:RE:RE:closing date for acquisition

THE SUB RECEIPTS RECEIVE THE ACCRUED DIVIDEND (FROM THE TIME OF THE SUB RECEIPT DEAL CLOSURE), SO THERE WAS AN ARB OPPORTUNITY. THE SUB RECEIPTS ARE DELISTED BUT HOLDERS RECEIVE THE SLATE GROCERY ...more  
Comment by Pandoraon Sep 22, 2021 9:09pm

RE:RE:RE:closing date for acquisition

But you were saying on September 16th (6days ago) it would not be a bad idea to sell the units and buy the receipts and now today the receipts are delisted. Was that a slip?
Comment by Pandoraon Sep 22, 2021 9:06pm

RE:BMO analyst flash update

  Slate Grocery subscription receipts delisted from TSX   2021-09-22 20:45 ET - Prospectus Approved   The Toronto Stock Exchange reports that Slate Grocery REIT subscription ...more  
User Avatar Image
(2)
•••
  • maypetersX
Comment by maypeterson Sep 22, 2021 6:44pm

RE:RE:closing date for acquisition

did not see this earlier. The discount was quite a lot earlier. Even with same price you are getting $0.072 USD for each record date between the closing of the receipts and the closing of this deal ...more  
User Avatar Image
(2269)
•••
  • Betteryear2X
Post by Betteryear2on Sep 22, 2021 3:35pm

Completes US$390 M Grocery-Anchored Portfolio Acquisition

TORONTO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today the closing of its ...more  
Comment by Pandoraon Sep 18, 2021 12:56pm

RE:closing date for acquisition

If they are both the same price what is the advantage of selling the regular units (for a fee) and then buying the receipts (also for a fee) ?
User Avatar Image
(2)
•••
  • maypetersX
Post by maypeterson Sep 16, 2021 11:43am

closing date for acquisition

I thought the deal is closing sometime in September. Have they talked about the closing date ? With the dividend accrued since time of closing of bought deal - not a bad idea to sell regular shares ...more  
User Avatar Image
(2269)
•••
  • Betteryear2X
Post by Betteryear2on Aug 19, 2021 8:28am

Distribution for the Month of August 2021

Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Board of Trustees has declared a distribution for the ...more  
User Avatar Image
(50)
•••
  • DanielDarden123X
Comment by DanielDarden123on Jul 29, 2021 11:47am

RE:for your interest

It’s important to realize that these targets are U.S. $.
User Avatar Image
(210)
•••
  • incomedreamer11X
Post by incomedreamer11on Jul 29, 2021 9:12am

update from Scotia

Still 8%+ Distribution Yield; Valuation Support from Recent IPO in the U.S. Grocery-Anchored Space OUR TAKE: Slight Positive. Our target increases to $11.00 (from $10.00) and our SP rating is ...more  
User Avatar Image
(210)
•••
  • incomedreamer11X
Post by incomedreamer11on Jul 29, 2021 8:57am

for your interest

CIBC World Markets analyst Sumayya Syed raised her Slate Grocery REIT (SGR.UN-T) target to $10.75 from $9.75 with a “neutral” rating, while RBC’s Pammi Bir increased his target to $10.75 ...more  
User Avatar Image
(65)
•••
  • logicandinertiaX
Comment by logicandinertiaon Jul 28, 2021 8:57am

RE:Rising NAV/u

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.   ...more  
User Avatar Image
(50)
•••
  • DanielDarden123X
Post by DanielDarden123on 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 ...more  
User Avatar Image
(65)
•••
  • logicandinertiaX
Comment by logicandinertiaon Jun 22, 2021 7:18am

RE:update from Scotia

Is is interesting to watch how the analysts have chased the share price, consistently underestimating changes in cap rate and therefore NAV.   And once again, begrudgingly nudging up price ...more  
User Avatar Image
(210)
•••
  • incomedreamer11X
Post by incomedreamer11on May 14, 2021 10:16am

update from Scotia

High Distribution Yield Supported by Improving Grocery Real Estate Valuation Trends OUR TAKE: Neutral. Our target increases to $10.00 (from $9.50) and our SP rating is unchanged. Our NAVPU increases ...more