TSX:NXR.UN - Post by User
Comment by
Defiance2050on Jan 07, 2022 5:37pm
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Post# 34294848
RE:Seems we’re firmly entrenched
RE:Seems we’re firmly entrenched Who can tell what short term volatility could bring. However a 10% decline following a share issuance is not a massive blow. There are far bigger declines that have occured recently.
Most of my posts since the share issuance have been removed, guess the main post of it was removed.
Main point about Nexus is that different commercial real estate types grow and are valued differently (cap rates). Retail and office have a higher cap rate than industrial. On the industrial front market rents are higher than locked in rents, possibility of future rent increases. A sizeable dividend increase is not applicable as Nexus acquired lower cap rate properties compared to existing.