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Sunday, 10/15/2017 9:52:10 AM

Sunday, October 15, 2017 9:52:10 AM

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Why The Heck Did Buffett Buy Seritage?

"The Most Compelling Catalyst

Seritage is primarily a development play, and according to RBC, "the existing operating assets are sitting atop some of the best underlying land in the retail real estate world." Continued demand by retailers for space in the highest-quality mall and community centers should drive outsized cash flow growth for this company over the next 10 years."

https://seekingalpha.com/article/4005122-heck-buffett-buy-seritage

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