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Seritage Growth Properties Press Release: Seritage Growth Properties Announces Second Quarter 2019 Earnings Release Date - News released on 18 Jul 2019 16:20:21 -0400- REITNewsHeadlines - 2019-07-19 09:42:08 PDT

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Look forward to seeing this one and if Sertigate has reversed its trend. - BlueBlue - 2019-07-19 09:43:16 PDT

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#SRG Seritage Growth Properties Total - Wholly-Owned Properties occupancy rate has gone from 99.3% in Q2 2019 to 54.10% in Q2 2019. I hope this strong occupancy decrease trend inverts based on the new tenants Seritage is bringing in. - Kev B - 2019-08-18 22:28:10 PDT

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Hi BlueBlue, I don’t own shares in #SRG, but I am hoping the company can turn around as I would like to have additional good investment options in the REIT sector in the future. So it is one I pay attention to. There are indicators that it could do well in its life after Sears. "Diversified income with over 83% of rental income on a signed lease basis is from diversified, non-Sears tenants. A lot of their portfolio is diversified between 36% Entertainment, Food & Beverage, 20% specialty stores like Dick’s Sporting Goods, BuyBuy Baby, REI, Sierra Trading Post, and ROSS, 19% everyday uses like Kroger’s supermarket, Lucky’s Market, LA Fitness, 24 Hours Fitness, Ulta, and more. Sertigate also has $875 million of liquidity, including cash on hand and committed capital, after debt recapitalization and new Term Loan Facility in July 2018. So let’s see how they keep improving. - Bob_knows - 2019-07-20 13:47:33 PDT


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