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TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended September 30, 2023. Highlights November 1 – acquired a 336,448 square foot industrial property located in London, Onta...
2023-11-04 08:00:00 ET Summary Nexus Industrial REIT owns a portfolio of 115 investment properties across various Canadian provinces. The REIT has got a lot of things right which bigger names have messed up on. We review the numbers and give you our take. All value...
TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the "REIT") (TSX: NXR.UN) announced today that it has closed on its previously disclosed acquisition of an industrial property in London, Ontario. The $55.8 million acquisition was partially financed through the issuance of 2,394,7...
TORONTO, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended September 30, 2023 before the opening of the TSX on Wednesday, November 15, 2023. Management of the REIT wi...
2023-08-21 10:30:00 ET Summary Nexus Industrial REIT's AFFO per share has been relatively flat due to new share issuances and higher interest expenses on debt. The second quarter financial results were weaker than expected, primarily due to non-recurring items and increased cost o...
2023-08-14 16:21:03 ET Nexus Industrial REIT (EFRTF) Q2 2023 Results Conference Call August 14, 2023 01:00 PM ET Company Participants Kelly Hanczyk - CEO Robert Chiasson - CFO Conference Call Participants Fred Blondeau - Laurentian Bank Securities Bra...
2023-05-15 14:59:03 ET Nexus Industrial REIT (EFRTF) Q1 2023 Earnings Conference Call May 15, 2023, 11:00 ET Company Participants Kelly Hanczyk - CEO & Trustee Robert Chiasson - CFO & Secretary Conference Call Participants Frederic Blondeau - Laur...
2023-05-15 14:43:14 ET Summary Industrial REITs make for great investment as they could house the Amazons and Teslas of the future. Nexus is at the right valuation at the moment with a P/FFO figure at 11.99, considerably lower than other notable REITs. For the dividend alone, ...
2023-04-21 04:23:30 ET Nexus Industrial REIT ( OTC:EFRTF ) declares CAD 0.0533/share quarterly dividend , -0.1% decrease from prior dividend of CAD 0.0533. Forward yield 2.25% Payable May 15; for shareholders of record April 28; ex-div April 27. Payable Jun...
2023-03-21 11:31:00 ET Summary Nexus Industrial REIT is a Canadian REIT with a very strong focus on industrial properties. The company has grown through acquisitions, but I expect the pace to slow down as debt is becoming more expensive. Unlike so many other REITs, I expect Ne...
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TORONTO, July 18, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the quarter ended June 30, 2024, before the opening of the TSX on Thursday August 15, 2024. Manageme...
TORONTO, July 11, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) is deeply saddened by the sudden passing of Board Trustee Louie DiNunzio on June 1, 2024, and offers its sincere condolences to his family and friends. Mr. DiNunzio served on...
TORONTO, June 21, 2024 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) today announced the suspension of its Distribution Reinvestment Plan (the “DRIP”), effective July 16, 2024. The DRIP, which allowed eligible unitholders to rein...