Seritage Growth Properties Announces Fourth Quarter 2020 Earnings Release Date

Rhea-AI Summary

Seritage Growth Properties (NYSE:SRG) will announce its fourth quarter 2020 financial results on March 10, 2021, after market close. The company operates as a self-administered REIT with a portfolio of 158 wholly-owned properties and 25 unconsolidated properties totaling approximately 28.5 million square feet across 44 states and Puerto Rico. Acquired from Sears Holdings in July 2015, Seritage aims to unlock real estate value by creating revitalized shopping and mixed-use destinations to enhance consumer experiences and provide long-term value for shareholders.

Positive

• A total of 158 wholly-owned properties signifies a strong asset base.
• The portfolio spans across 44 states and Puerto Rico, indicating a broad market reach.
• Mission focuses on creating revitalized destinations, potentially enhancing long-term value.

Negative

• None.

Seritage Growth Properties (NYSE:SRG) announced today that it will release its fourth quarter 2020 financial and operating results in a press release on Wednesday, March 10, 2021, after the market close.

About Seritage Growth Properties

Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 158 wholly-owned properties and 25 unconsolidated properties totaling approximately 28.5 million square feet of space across 44 states and Puerto Rico. The Company was formed to unlock the underlying real estate value of a high-quality retail portfolio it acquired from Sears Holdings in July 2015. The Company’s mission is to create and own revitalized shopping, dining, entertainment and mixed-use destinations that provide enriched experiences for consumers and local communities, and create long-term value for our shareholders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210301005256/en/

FAQ

When will Seritage Growth Properties release its Q4 2020 results?

Seritage Growth Properties will release its fourth quarter 2020 financial results on March 10, 2021, after market close.

What is the total square footage of Seritage Growth Properties?

Seritage Growth Properties has approximately 28.5 million square feet of space across its properties.

How many properties does Seritage Growth Properties own?

Seritage Growth Properties owns 158 wholly-owned properties and has 25 unconsolidated properties.

What is the purpose of Seritage Growth Properties?

The company aims to unlock real estate value and create revitalized shopping, dining, and entertainment destinations.