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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. The Company is focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. It owns a portfolio of 119 properties comprising approximately 13.0 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, 2045 Rue Stanley, 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

Comment by apollojeticon Oct 19, 2021 8:13am
117 Views
Post# 34021320

RE:Entering Into $98.2 Million Purchase and Sale Agreement

RE:Entering Into $98.2 Million Purchase and Sale AgreementNice move aligning with Crombie Reit on this deal. Where there is one there will most likely be more mutualy beneficial deals. Didn't expect to see this one.  Management is very actively networking with othere leaders in the reit secor which is what you want to see in a growing successful reit.

Management have made some very shrewd moves in 2021 with the industrial aqusitions. 2022 should be even better with I expect a very close to 100% Industrial weightng.
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