TSX:NXR.UN - Post Discussion
Post by
retiredcf on Sep 24, 2022 12:50pm
Top Pick Details
Last stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/paul-gardner-s-top-picks~2527014
Nexus Industrial REIT (NXR.UN TSX)
The other asset that continues to do well through the pandemic is industrial real estate. Nexus is a small cap that is growing and acquiring Canadian industrial properties. Leasing spreads are strong in Ontario and Quebec markets. Nexus leasing spreads offer a future bump to its margins or cash flow, as maturities roll off into higher rental prices. The company has a unique relationship with a private real estate owner that develops and owns industrial properties all over Canada.
TOP PICK
Nexus Real Estate Investment Trust(NXR.UN-T)
21/09/2022 at 08:00pm
Smaller cap, growing. Geographically diversified in Canada. High demand for industrial. Even in a recession, e-commerce creates warehouse and logistics demand that you always want to be part of. The "Amazon effect". Yield is 7.26%. (Analysts’ price target is $13.31)
REAL ESTATE
Paul Gardner, CFA
$8.990
Owned
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