Nexus Industrial REIT T.NXR.UN

Alternate Symbol(s): EFRTF

Real Estate REIT - Industrial

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 > Industrial Rents

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Post by DanielDarden123on Feb 18, 2022 12:48pm

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Post# 34442373

Industrial Rents

Summit in their pr give a glimpse of the industrial market. New leases are up 27% with Ontario up 67% and Quebec up 29%. Unbelievable but factual apparently. NXR should show similar numbers. As cash flow increases, distributions should rise.

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