Slate Grocery REIT Reports Earnings Results for the First Quarter Ended March 31, 2024
May 30, 2024 at 10:12 pm EDT
Share
Slate Grocery REIT reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 51.92 million compared to USD 50.79 million a year ago. Net income was USD 10.86 million compared to net loss of USD 12.1 million a year ago.
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.
SLATE GROCERY REIT 