Sila Realty Trust in Direct Listing Begins Trading on NYSE

Sila Realty Trust (: SILA), a net lease investment trust with a strategic investment focus on the sector, announced that its shares have been listed and commenced trading on the New York Stock Exchange under the ticker symbol SILA.

The now has a market cap of $958.7 million. Shares were trading early this afternoon at $22.60, down 0.46%.

Sila said it maintains a strong balance sheet with approximately $590 million in liquidity and a net debt leverage ratio of approximately 20.5%, as of March 31. The company said it has ample capacity to scale and grow to over $3 billion in enterprise value.

Read more.


Source: Sila Realty Trust in Direct Listing Begins Trading on NYSE