Slate Grocery REIT T.SGR.UN

Alternate Symbol(s): SRRTF

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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 properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. 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, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

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Slate Grocery REIT > Concerning Q1

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Comment by DanielDardenon May 23, 2023 3:56pm

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Post# 35460798

RE:Concerning Q1

IMO there is much more to consider than the Income Statement. The Cash Flow Statement is much more useful because depreciation is a non cash expense (for tax purposes only). Current debt, avg. lease term, type of leases, cap rates, are better indicators of the quality of management.

See my previous posts here about SOT. Unless you feel that all the office real estate managers ar terrible, their challenges were blindsiding. It is currently dragging SGR down which provides an opportunity to take advantage, IMO.

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