{"id":775636,"date":"2022-03-31T20:00:52","date_gmt":"2022-03-31T18:00:52","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/seritage-growth-properties-announces-termination-of-reit-election\/"},"modified":"2023-07-10T22:35:27","modified_gmt":"2023-07-10T20:35:27","slug":"seritage-growth-properties-announces-termination-of-reit-election","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/seritage-growth-properties-announces-termination-of-reit-election\/","title":{"rendered":"Seritage Growth Properties Announces Termination of REIT Election"},"content":{"rendered":"Appoints Adam Metz to the Board of Trustees\n\nNEW YORK--(BUSINESS WIRE)--Seritage Growth Properties (NYSE: SRG) (the \u201cCompany\u201d), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of Trustees has approved a plan to terminate its election to be treated as a Real Estate Investment Trust (\u201cREIT\u201d) for tax purposes and to convert the Company to a C corporation. The termination of the REIT election will be retroactively effective as of January 1, 2022. The Company has received all necessary approvals to terminate its election.\n\n\nOn March 1, 2022, the Company announced that its Board of Trustees had commenced a process to review a broad range of strategic alternatives to enhanc<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Appoints Adam Metz to the Board of Trustees NEW YORK&#8211;(BUSINESS WIRE)&#8211;Seritage Growth Properties (NYSE: SRG) (the \u201cCompany\u201d), a national owner and developer of 162 retail, residential and mixed-use properties, today announced that its Board of Trustees has approved a plan to terminate its election to be treated as a Real Estate Investment Trust (\u201cREIT\u201d) for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-775636","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - 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