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EFRTF - Nexus REIT: Accretive Opportunities Make It A Buy
Nexus REIT Tr Unit
Nexus REIT (EFRTF) continues to be in growth mode. In 2018, it completed $91.5 million in acquisitions during a period when there were fears of a recession. In 2019, it has been quietly executing on deals that are accretive to its AFFO. All this was happening while the stock price continued to trade around the $2.00 range. This leads me to believe that the markets are not appropriately valuing Nexus REIT, and it is currently trading at a discount.