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Sears Holdings REIT Shares Up 5.7% On Q4 Results - Seritage 'Alchemy' Is Working

2016-03-14 04:02:08| Real Estate - Topix.net

The recent Seritage earnings release highlighted the ability to allocate capital with a 12%-13% yield on cost for wholly-owned redevelopment opportunities. It's impressive that Seritage has demonstrated the ability to grow FFO per share, but that isn't the metric which matters to me most at this stage of the game.

Tags: is results working shares

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