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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

Post by materialsgirlon Apr 18, 2022 1:46pm
203 Views
Post# 34610529

still very very cheap

still very very cheapI am a newbie;  bought at $12.00  4 or 5 weeks ago.

We are now about 85% Industrial and by year end there 
will be some retail and land dispositions and some Industrial 
acquisitions so we will be 90% Industrial.

For me 90% makes us essentially a pure Industrial.

We may never get the metrics of Summit as we are in 
secondary markets.  My expectation is that while ents have already 
ballooned in GTA, going forward the persentage increases 
in rents will be about equal in most markets

NXR is a great place to be.  I expect $16 or $17 by 2023 year end.
Maybe sooner.

mat
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