Seritage Growth Properties (SRG) is Initiated by RBC Capital Mkts to Top Pick, Price Target at $72

Seritage Growth Properties (SRG) was Initiated by RBC Capital Mkts to “Top Pick” and the brokerage firm has set the Price Target at $72. RBC Capital Mkts advised their investors in a research report released on Sep 6, 2016.

Investors should note that on Aug 2, 2016, Seritage Growth Properties announced a cash dividend of $0.2500. The company’s management has announced Sep 28, 2016 as the ex-dividend date and fixed the record date on Sep 30, 2016. The payable date has been fixed on Oct 13, 2016.

In a different news, on May 26, 2016, John Mcclain (director) purchased 200 shares at $43.41 per share price.

Seritage Growth Properties is a real estate investment trust (REIT). The Company conducts its operations through Seritage Growth Properties L.P. a Delaware limited partnership. The Company’s principal offices are located at 3333 Beverly Road Hoffman Estates and Illinois 60179. As of March 31 2015 the Company did not generate any revenue.

Seritage Growth Properties

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