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.

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Nexus Industrial REIT > Low debt

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Comment by Lisagerrard17on Nov 21, 2021 3:30pm

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Post# 34150944

RE:RE:Low debt

Jtpatrol1 wrote:

Larrymartin77 wrote:
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

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 !!!

Good info, thanks for the post

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