TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of four non-core industrial buildings located in Saskatchewan and two legacy office buildings located in Quebec and New Brunswick (the “Properties”). “The sale of these non-core industrial document storage buildings and legacy office… [Read More]
Nexus Industrial REIT Announces Fourth Quarter and Year-End 2024 Results Date, and January and February Distributions
TORONTO, Jan. 09, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today that it intends to release its financial results for the fourth quarter and year ended December 31, 2024, before the opening of the TSX on Monday, March 10, 2025. Management of the REIT will host a conference call… [Read More]
Nexus Industrial REIT Announces Third Quarter 2024 Financial Results
Industrial weighting increasing as legacy assets are sold Net Operating Income grows 11.0% as recent investments yield returns TORONTO, Nov. 11, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the third quarter ended September 30, 2024. “This quarter we continued to execute against our plan, and I… [Read More]
Nexus Industrial REIT Announces Third Quarter Results Date, and November and December Distributions
TORONTO, Oct. 17, 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 September 30, 2024, before the opening of the TSX on November 12, 2024. Management of the REIT will host a conference call at 10:00 AM Eastern… [Read More]
Nexus Industrial REIT Announces the Sale of Its Remaining Old Montreal Office Portfolio and Vacant Land
TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of its 50% ownership interest in its remaining Old Montreal office portfolio, consisting of an office building and a mixed-use building located in Montreal (the “Properties”). “The sale of these legacy buildings closes… [Read More]
Nexus Industrial REIT Announces the Appointment of Mary Vitug to Its Board of Trustees
TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the appointment of Mary Vitug to the Board of Trustees, effective October 7, 2024. Ms. Vitug brings over 30 years of capital markets experience, including 24 years at Scotiabank as a Managing Director in Investment… [Read More]
Nexus Industrial REIT Announces the Sale of Six Legacy Office Properties, Lease Update and Credit Facility Extension
TORONTO, Sept. 11, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of its 50% ownership interest in six office buildings located in Montreal with gross leasable area of 143,223 square feet (the “Properties”). “The sale of these legacy office buildings furthers our strategy as… [Read More]
Nexus Industrial REIT Announces September and October Distributions
TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the declaration of the September and October 2024 distributions. The REIT will make a cash distribution in the amount of $0.05333 per unit, representing $0.64 per unit on an annualized basis, payable October 15, 2024, to unitholders… [Read More]
Nexus Industrial REIT Announces Second Quarter 2024 Financial Results
Net Operating Income grows 14.2% as recent investments begin yielding returns TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the second quarter ended June 30, 2024. “We have entered a new phase as we begin to benefit from our recent investments. We have high-graded… [Read More]
Nexus Industrial REIT Announces Second Quarter Results Date, and July and August Distributions
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. Management of the REIT will host a conference call at 10:00 AM… [Read More]
Nexus Industrial REIT Mourns the Death of Trustee Louie DiNunzio
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 the Nexus Industrial REIT Board of Trustees with distinction… [Read More]
Nexus Industrial REIT Announces Suspension of Distribution Reinvestment Plan
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 reinvest all or a portion of their cash distributions into additional units of the REIT, will be… [Read More]
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