- Barron's says Seritage Growth Properties (NYSE:SRG), a real estate investment trust spun off from Sears Holdings in 2015, is attractive for long-term investors.
- While Sears is responsible for 79.5% of the REIT’s rental income in 2016, SRG's equity could be worth 8x or more its current value in 10 years as it redevelops and re-leases Sears properties to higher-paying tenants. Short-term exposure to Sears, if it does file for bankruptcy, could present risks.
Seritage offers big upside for long-term investors - Barron's
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Symbol | Last Price | % Chg |
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SRG | - | - |
Seritage Growth Properties |