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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

Nexus Industrial REIT > A path for success
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Comment by SusanBollandon Jan 21, 2022 1:52pm
122 Views
Post# 34343745

RE:RE:A path for success

RE:RE:A path for success
SusanBolland wrote:
hawk35 wrote:
Great announcement today. Nexus management is setting us up for success for the next two years.

For 2022 they have contracts for acquisitions totalling $235 million.
For 2023 they have contracts for acquisitions totalling $167 million.
This guarantees growth in renvenue and Ebita into 2024.  And no additional private placements will be needed.

Rebranding to Nexus Industrial Reit will help us get the improved multiples that will push the share price higher.  Hopefully it will bring market recognition and new analyst coverage.


 

Well said Hawk, great management team !!


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