Lampert Retires as Seritage Chair as REIT Explores Options
Hedge fund billionaire Edward Lampert stepped down as chair of Seritage Growth Properties
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Hedge fund billionaire Edward Lampert stepped down as chair of Seritage Growth Properties
The founder of the world’s largest hedge fund has been closely following the Russian invasion of Ukraine, and his concerns are likely shared by many of his counterparts in the Connecticut investment...
(Bloomberg) -- Seritage Growth Properties, a real estate investment trust that emerged from the Sears bankruptcy, is exploring strategic alternatives including a sale of the company, according to people familiar with the matter.
Seritage is open to a full sale of the company or piecemeal disposal of assets, sources say.