Nexus Industrial REIT T.NXR.UN

Alternate Symbol(s): EFRTF

Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. It has a portfolio of industrial, office and retail properties in Canada, with a focus on acquiring and owning industrial properties. The Company owns a portfolio of 115 properties (including two properties held for development, in which the Company has an 80% interest) comprising approximately 12.1 million square feet of gross leasable area. Its industrial properties include 11250 - 189 STREET, 3501 GIFFEN ROAD NORTH, 10774 - 42 STREET SE, 261185 WAGON WHEEL WAY, 502-25 AVENUE and others. Its office properties include 127-145 RUE SAINT-PIERRE, 360 RUE NOTRE-DAME WEST, 329 RUE DE LA COMMUNE WEST, 353 RUE SAINT NICOLAS, 410 RUE SAINT NICOLAS and others. Its retail properties include 2000 BOULEVARD LOUIS-FRECHETTE, 250 BOULEVARD FISET AND 240 RUE VICTORIA, 340 RUE BELVEDERE SOUTH and others.

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Nexus Industrial REIT > A path for success

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Post by hawk35on Jan 18, 2022 2:36pm

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Post# 34329744

A path for success

Great announcement today. Nexus management is setting us up for success for the next two years.

For 2022 they have contracts for acquisitions totalling $235 million.
For 2023 they have contracts for acquisitions totalling $167 million.
This guarantees growth in renvenue and Ebita into 2024. And no additional private placements will be needed.

Rebranding to Nexus Industrial Reit will help us get the improved multiples that will push the share price higher. Hopefully it will bring market recognition and new analyst coverage.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle