A director at Seritage Growth Properties sold 98,454 shares at 11.588USD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two ye...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner of 249 retail properties totaling approximately 39 million square feet of gross leasable area (“GLA”), today reported financial and operating results for the quarter ended March 31, 2018. Financial Results For the quarter ended March 31, 2018: Net income attributable to common shareholders of $9.1 million, or $0.26 per diluted share Total Net Operating Income (“Total NOI”) of ...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) announced today that its Board of Trustees declared a cash dividend of $0.25 per Class A and Class C common share for the second quarter of 2018. The common dividend will be paid on July 12, 2018 to Class A and Class C shareholders of record on June 29, 2018. The Company also announced today that its Board of Trustees declared a cash dividend of $0.4375 per share of its 7.00% Series A Cumulative Redeemable Preferred Shares. The preferred dividend will be paid ...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) announced today that it will release its first quarter 2018 financial and operating results in a press release on Thursday, May 3, 2018, after the market close. About Seritage Growth Properties Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 230 wholly-owned properties and 23 joint venture properties totaling over 39 million square feet of space across 49 states and Puerto Rico. The Company was formed and l...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) and Invesco Real Estate, a global real estate investment manager, today announced a joint venture partnership to own The Mark 302, the mixed-use redevelopment of the former Sears building in downtown Santa Monica, California. The transaction values The Mark 302 at approximately $145 million, including costs remaining to complete the project. Seritage sold a 50% interest in the project to Invesco Real Estate and received proceeds of approximately $50 million at ...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) (the “Company”), a national owner of 253 retail properties totaling over 39 million square feet of gross leasable area (“GLA”), today reported financial and operating results for the three months and year ended December 31, 2017. Financial Results For the three months ended December 31, 2017: Net loss attributable to common shareholders of $43.5 million, or $1.27 per diluted share Total Net Operating Income (“...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) announced today that its Board of Trustees declared a cash dividend of $0.25 per Class A and Class C common share for the first quarter of 2018. The dividend will be paid on April 12, 2018 to Class A and Class C shareholders of record on March 30, 2018. The Company also announced today that its Board of Trustees declared a cash dividend of $0.593056 per share of its 7.00% Series A Cumulative Redeemable Preferred Shares. This dividend covers the period from, and...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) announced today that it will release its fourth quarter 2017 financial and operating results in a press release on Tuesday, February 27, 2018, after the market close. About Seritage Growth Properties Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 230 wholly-owned properties and 23 joint venture properties totaling over 39 million square feet of space across 49 states and Puerto Rico. The Company was formed...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) (the “Company”), a national owner of 253 retail properties totaling approximately 40 million square feet of gross leasable area (“GLA”), today provided an update on the Company’s leasing, development and transaction activity as of December 31, 2017. Operating Highlights: Signed new leases totaling 2.6 million square feet in 2017, representing a 26% increase over 2016 leasing activity, including over 870,000 square feet in the fourth...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (“Seritage” or the “Company”) (NYSE:SRG) today announced that it has priced a public offering of 2,800,000 shares of its 7.00% Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, par value $0.01 per share ($25.00 liquidation preference per share), for gross proceeds of $70,000,000. Seritage has granted the underwriters of the offering a 30-day option to purchase up to an additional 420,000 Series A Cumulative Redeemable Preferred Shares of Beneficial Interest, ...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) (the “Company”), a national owner of 258 retail properties totaling over 40 million square feet of gross leasable area (“GLA”), today reported financial and operating results for the three and nine months ended September 30, 2017. Financial Results For the three months ended September 30, 2017: Net income attributable to common shareholders of $10.5 million, or $0.31 per diluted share Total Net Operating Income...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) announced today that its Board of Trustees declared a cash dividend of $0.25 per Class A and Class C common share for the fourth quarter of 2017. The dividend will be paid on January 11, 2018 to Class A and Class C shareholders of record on December 29, 2017. About Seritage Growth Properties Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 230 wholly-owned properties and 28 joint venture properties t...
NEW YORK & LEAWOOD, Kan.--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE: SRG) is pleased to announce that it has entered into a lease with AMC Theatres® (NYSE:AMC) to open AMC Orland Square 10, a new-to-market, state-of-the-art 10 screen theatre, at Seritage’s property at Orland Square in Orland Park, Illinois. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171024006007/en/ (Photo: Business Wire) Seritage owns the Sears store that is attached to Orland Square Mall ...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) announced today that it will release its third quarter 2017 financial and operating results in a press release on Thursday, November 2, 2017, after the market close. About Seritage Growth Properties Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 230 wholly-owned properties and 28 joint venture properties totaling over 40 million square feet of space across 49 states and Puerto Rico. The Company was formed ...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) (the “Company”), a national owner of 258 retail properties totaling over 40 million square feet of gross leasable area (“GLA”), today reported financial and operating results for the three and six months ended June 30, 2017. Financial Results For the three months ended June 30, 2017: Net loss attributable to common shareholders of $21.2 million, or $0.63 per diluted share Total Net Operating Income (“Total NOI”...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) announced today that its Board of Trustees declared a cash dividend of $0.25 per Class A and Class C common share for the third quarter of 2017. The dividend will be paid on October 12, 2017 to Class A and Class C shareholders of record on September 29, 2017. About Seritage Growth Properties Seritage Growth Properties is a publicly-traded, self-administered and self-managed retail REIT. As of June 30, 2017, the Company owned interests in 235 who...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) announced today that it will release its second quarter 2017 financial and operating results in a press release on Thursday, August 3, 2017, after the market close. About Seritage Growth Properties Seritage Growth Properties is a publicly-traded, self-administered and self-managed retail REIT with 230 wholly-owned properties and 28 JV properties totaling over 40 million square feet of space across 49 states and Puerto Rico. Pursuant to a master lease, ...
NEW YORK--(BUSINESS WIRE)-- Seritage Growth Properties (NYSE:SRG) (the “Company”) today announced that it has completed two transactions with GGP Inc. (“GGP”) whereby the Company received gross consideration of $247.6 million. Pursuant to the transactions, the Company has (i) sold to GGP the Company’s 50% interest in eight of the 12 assets in the existing joint venture between the two companies for $190.1 million; and (ii) sold to GGP a 50% joint venture interest in five additional assets for $57.5 million. As a result of the...
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