Post by
Larrymartin77 on Nov 21, 2021 1:52pm
Low debt
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
Comment by
Jtpatrol1 on Nov 21, 2021 2:31pm
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 !!!
Comment by
Lisagerrard17 on Nov 21, 2021 3:30pm
Good info, thanks for the post
Comment by
SusanBolland on Nov 29, 2021 1:58pm
I'm sure they will be putting the money to work fast. Good for the shareholders