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

Nexus Industrial REIT > Results look good as expected

<< Previous

Bullboard Posts

Next >>

Comment by hawk35on Nov 17, 2021 11:39am

102 Views

Post# 34136439

RE:RE:Results look good as expected

You are correct I typed Burnaby by mistake. It should be Richmond. Land to build industrial buildings in this area typically goes for about $9 million according to the recent conference call. Any expansion is extremely cost effective for Nexus and the rents are quite generous.

Nexus will also be building on extra land they own in London in the next year.

Nice to see this internal growth in addition to the ongoing acquisitions.

<< Previous

Bullboard Posts

Next >>

What will the U.S. election results mean for Canada?