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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 canadianon Sep 07, 2024 1:40pm
150 Views
Post# 36213243

Higher yielding reits

Higher yielding reitshttps://www.theglobeandmail.com/investing/markets/inside-the-market/article-higher-yielding-reits-with-marginally-outsized-total-return/

As additional rate cuts are enacted, we expect much of the funds flow to be directed back into high-yielding equities, and, with a total average current yield of 5 per cent for the Canadian REIT universe, we expect REITs to continue to become more attractive as rates fall … A basket of higher-yielding REITS may offer marginally outsized total return possibilities between now and the end of the year, including SRU and CRR in the Retail REITs, SIA in the Seniors, and DIR and NXR in the Industrials. We also flag USD exposure through BSR and MHC”
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