Slate Grocery REIT Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 05, 2023
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Slate Grocery REIT reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 50.63 million compared to USD 48.4 million a year ago. Net income was USD 9.13 million compared to USD 28.04 million a year ago.
For the nine months, sales was USD 151.74 million compared to USD 126.83 million a year ago. Net income was USD 11.65 million compared to USD 114.1 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 
