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Slate Grocery REIT Class U Units T.SGR.UN

Alternate Symbol(s):  SRRTF

Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants are expected to provide unitholders with durable cash flows and the potential for capital appreciation over the longer term.


TSX:SGR.UN - Post by User

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  • maypetersX
Comment by maypeterson Sep 22, 2021 6:44pm
257 Views
Post# 33902855

RE:RE:closing date for acquisition

RE:RE:closing date for acquisitiondid 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 today. 

For 3,000 shares would have worked out to approximately $1,071 CAD before commissions (if there were 4 record dates in between - not sure if there were 3 or 4). 


Pandora wrote:
maypeters wrote: 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 and buy reeipts if one is confident the deal will go through. 


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) ?


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