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Seritage Growth Properties (NYSE:SRG) will release its Q3 2021 financial results on November 2, 2021, after market closure. The company operates as a self-administered REIT, managing 147 wholly-owned and 25 unconsolidated properties, totaling approximately 24.9 million square feet across 39 states and Puerto Rico. Established in July 2015, Seritage aims to unlock the real estate value from its retail portfolio inherited from Sears Holdings, focusing on re-leasing and redevelopment to enhance shareholder value.
Positive
Upcoming Q3 2021 earnings release may provide insights into financial performance.
Strategic focus on re-leasing and redevelopment indicates potential for long-term value creation.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
Seritage Growth Properties (NYSE:SRG) announced today that it will release its third quarter 2021 financial and operating results in a press release on Tuesday, November 2, 2021, after the market close.
About Seritage Growth Properties
Seritage Growth Properties is a publicly-traded, self-administered and self-managed REIT with 147 wholly-owned properties and 25 unconsolidated properties totaling approximately 24.9 million square feet of space across 39 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 long-term value for shareholders by realizing the value of the Company’s portfolio through re-leasing, redevelopment, formation of strategic partnerships or other bespoke solutions.