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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

Post by MollyRJon Nov 20, 2021 7:33pm
258 Views
Post# 34149958

Defiance

DefianceI know this is the NXR board and l own as well , but a few thoughts on DBM. They are not strictly only involved in commodity pricing, as they have , basically a mini Lowes in Hawai8, assets on the West coast of both US and Canada , as well as closure in the southern part of USA ,plus finish at note attractive prices different wood products. They also have distribution centres acres Canada from coast to coast. They did when Covid hit cut the div 15% but did pay a special d8vand now have returned to pre div levels. In regards to Mr Roman ,CE and largest shareholder , he actually pays his US CEO mo4e than himself  in salary but he takes additional shares . With over 16 million of those shares his return by divs is over 9 million a year. Now that's what l call skin in the game and why l believe like SD that divs are of paramount importance  for real portfolio  enhancement , since l only add no intention of selling and those dive help mitigate the volatility you mentioned. Static stocks no or little divs don't have that protection and the only money you make is when you sell but l am sure you are well aware of that fact. Cheers Mate and good investing
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