TSX:NXR.UN - Post by User
Comment by
SusanBollandon Nov 29, 2021 1:58pm
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Post# 34176628
RE:RE:Low debt
RE:RE:Low debtJtpatrol1 wrote: Larrymartin77 wrote:
At the end of Q3 their debt was at a low 36.6%, now after this new equity issue looks like they have a long runway of acquisitions. Conservative balance sheet. Cheers
Hey Larry, in the news release with the bought deal Nexus indicated "
The REIT also announced it is in negotiations on potential acquisitions of 7 industrial properties totalling approximately 1.7 million square feet for an aggregate purchase price of approximately $315 million" So yes, lots in the pipeline !!!
I'm sure they will be putting the money to work fast. Good for the shareholders