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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 > Things are looking up here
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Post by hawk35 on Sep 13, 2024 6:10pm

Things are looking up here

The market has given a clear buy signal for Nexus.

Less than a month ago, I posted a comment that Nexus had hit $8.00.  Today, less than a month later, the price hit a 52 week high of $9.00

Nexus management keeps their promises.  They sold off some office properties just as they promised.   More sales to come before year end.  This cash will lower debt putting them in the sweet spot when it comes to growing the business. 

And remember this, they have a partner who is willing to sell properties to Nexus and take shares at a price that is higher than the current price.  That is what I call confidence!!
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