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Bullboard - Stock Discussion Forum 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... see more

TSX:NXR.UN - Post Discussion

Nexus Industrial REIT > Rising NAV/u
View:
Post by DanielDarden123 on Jan 09, 2022 3:05pm

Rising NAV/u

Inclusive of the aforementioned potential acquisitions, the REIT will have announced or completed approximately $1.1 billion of industrial acquisitions since the beginning of 2021 at a weighted average going-in capitalization rate of approximately 5.4%. These potential acquisitions, if completed, will increase its industrial portfolio weighting by NOI from 61% as at January 1, 2021 to 83%.
Taken from the Nov./21 Prospectus.

Industrial properties are valued at a cap rate of ~4% now. The 20% improvement should translate into a comparable jump in NAV/u assuming there is no improvement in NOI which is very unlikely considering inflation and rent increases. Putting both improvements  together this has the potential to jump up 30% when they are recognized.
Comment by SuperDude2 on Jan 09, 2022 9:02pm
This post has been removed in accordance with Community Policy
Comment by onetrueking on Jan 10, 2022 6:35pm
Tinkerbell takes a lot of stuff on the chin.  And he gets a pearl necklace every weekend.
Comment by Bubba359 on Jan 11, 2022 10:45pm
OnetrueKing\Queen, always nice to see th3 Dwarfs Twinkie take a break from his ritual 5 times a day workout with his right hand.Do you own this r anything else since you had need once acknowledged owning anything ever. When you get through serivicing some of the Brownshrts n need and you go home , if you can find your way home in the dark, then say high to Sclarda , the real one , your twin and ...more  
Comment by Joe455 on Jan 11, 2022 11:45am
Trevor, put your dress back on and set your inner self free.
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