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.

TSX:NXR.UN - Post by User

Nexus Industrial REIT > National Bank

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Comment by SusanBollandon Jul 22, 2022 10:14am

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Post# 34842881

RE:RE:National Bank

hawk35 wrote:
This lowering of target prices is happening in all sectors. Analyst are simply catching up the recent 20% reduction in the market so their target prices look "more realistic". It just reminds us that we should always take the advice of anlaysts with a grain of salt because they tend to play catch up with market most of the time. And they call themselves expert advisors. LOL.

Somehow analysts on average get it wrong about 60% of the time ( worse average than flipping a coin) With the national bank downgrade that means NXR.UN is probably a great buy now !!

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