Seritage Growth Properties (SRG) Social Stream

Seritage Growth Properties (SRG)

Today's Latest Price: $11.18 USD

0.90 (8.75%)

Updated Aug 7 12:00am

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Overall POWR Rating


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Industry Rank:

Ranked of 40 in REITs - Retail

See all "A" rated Strong Buy stocks

Featured Post From StockTwits About SRG

$SRG

Earnings might not be that bad boys!

"Also, as of June 3, 2020:
224 of the Company’s 280 in-place tenants, or approximately 80% of such tenants, were open and/or operating, including 171 stores that were fully open and 53 stores that were open for pick-up and/or delivery.
The Company had collected April rental income representing 65% of contractual amounts, and agreed to defer an additional 6%, from tenants other than Sears.
The Company had collected May rental income representing 52% of contractual amounts, and agreed to defer an additional 6%, from tenants other than Sears.
In addition, as of June 3, 2020, the Company had completed the sale of ten assets representing $105 million of gross proceeds year to date, including six assets for gross proceeds of $45 million during the second quarter"
http://ir.seritage.com/news/news-details/2020/Seritage-Growth-Properties-Provides-Tenant-Activity-Update/default.aspx
pkbull, published August 6, 2020

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