Nexus Industrial REIT T.NXR.UN

Looking to buy back in

[CountryBoy69]

Back in late Feb 2022, l posted l was selling NXR as l felt at that time their many accretive aquisitions according to them , did not result in A distribution increase. I got out at $12.33 plus the Feb distr, and regretted that move when the stock went to $13 or more.In hindsight it was a lucky move and l have avoided REITs for well over a year . But now , with the price under $8 and my thinking that eventually , sooner than later that the economy destroying Fed and the BOC will eventually come to their senses , even if they are just overpaid , don't give a darn government workers with juicy pensions. On Monday l intend taking a half position and will collect the Distribution until l see some action , positive not negative by our incompetents in power , then l will buy the other half , and perhaps a fair bit more. I owned NXR when it was on the Venture and it was a big winner for me and l believe another round of that is coming again.

[Compypaul]

Man, I hope you're right. I've been in this for many years, buying way back when it was ED.un, I believe. It's always treated me well, but this lengthy downturn in REITs has me doubting even winners like this one. I've been chipping away down here, but every time it looks like it's springing to life, some catastrophe rears its head and it retreats back to the $7.70s. 

[robertbig]

RE: 'this lengthy downturn in REITs ' it's been, what, a year of downtrend?  it might be another 3 or more these reits rode the interest wave, now they have to come down the other side, 

[ScroogeMcDuck1]

The ceo just bought 12k$ of shares.  I think an 8.2% industrial reit looks good, and evidently so does he.