TSX:NXR.UN - Post by User
Comment by
Defiance2050on Jan 10, 2022 9:26am
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Post# 34299338
RE:RE:RE:Seems we’re firmly entrenched
RE:RE:RE:Seems we’re firmly entrenched Bubba as I have said before there are different charactestic in different types of real estate. Cap rates or the rent per value of retail/ office versus industrial are much higher.
Nexus went from 8 cap retail to an averaged of what was said by another poster 5.4 cap industrial properties.
Read retail/ office trends which professionals dont expect growth. Apartment and industrial are thought to have both growth and private investor demand. Transactions and being done at lower cap rates with professionals expecting growth.
The word acreditive that is being used doesnt mean that immediately financial earning measure such as affo/u will improve.
Overtime assuming that the lack of vacant space and the need for logistical industrial properties remains you could assume there will be further rent increases. You could also assume that on properties that are contracted at below market rents that NXR will be able to raise them at the end of the lease.