/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ORDISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Sept. 24, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it has established a $50 million at-the-market equity program (the “ATM Program”). The ATM Program allows the REIT to issue,… [Read More]
Nexus REIT Announces Q3 2021 Results Date and September 2021 Distribution
TORONTO and MONTREAL, Sept. 22, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it intends to release its financial results for the third quarter ended September 30, 2021 before the opening of the TSX on Monday November 15, 2021. Management of the REIT will host a… [Read More]
Nexus Real Estate Investment Trust Announces Closing of $112.1 Million Bought Deal Equity Offering
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES ORDISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 23, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the “Offering”) of trust units of the REIT (the “Units”) to a syndicate… [Read More]
Nexus Real Estate Investment Trust Announces Upsizing of Public Offering of Trust Units to $97 Million
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 17, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX:NXR.UN) (“Nexus” or the “REIT”) is pleased to announce the upsizing of its previously announced bought deal financing (the “Offering”) with a syndicate of underwriters led by BMO… [Read More]
Nexus Real Estate Investment Trust Announces the Acceleration of Its Transition to a Pure Play Canadian Industrial REIT Through $359 Million of Acquisitions and $75 Million Public Offering of Trust Units
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Aug. 16, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX:NXR.UN) (“Nexus” or the “REIT”) announced today that it has waived conditions on the acquisition of a portfolio of three distribution centres located in Saskatchewan and New Brunswick… [Read More]
Nexus REIT Announces Q2 2021 Results
TORONTO and MONTREAL, Aug. 12, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended June 30, 2021. Highlights Occupancy of 95% at June 30, 2021, increased from 94% at March 31, 2021 and June 30, 2020. Completed a total of $148.3MM of industrial… [Read More]
Nexus REIT Announces Q2 2021 Results Date and July and August 2021 Distributions
TORONTO and MONTREAL, July 23, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it intends to release its financial results for the second quarter ended June 30, 2021 before the opening of the TSX on Thursday August 12, 2021. Management of the REIT will host a… [Read More]
Nexus REIT Completes $44MM Acquisition of Industrial Properties
TORONTO and MONTREAL, July 05, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today that it has completed the $44MM acquisition of two industrial properties located in Calgary, Alberta and Headingley (Winnipeg), Manitoba. The properties are tenanted by Valard Construction, a large utility contractor. The Calgary property, located at… [Read More]
Nexus REIT Announces Entering Into Purchase and Sale Agreement and Annual Meeting Voting Results
TORONTO and MONTREAL, June 30, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today that it has entered into a conditional agreement to acquire a 189,625 square foot single-tenant industrial warehouse property in Red Deer, Alberta for $19.75MM. Subject to satisfactory completion of due diligence, the acquisition is expected… [Read More]
Nexus REIT Announces Acquisition Update and June Distribution
TORONTO and MONTREAL, June 16, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today an acquisition update, the June distribution, and the expected sale of a retail property located in Beamsville, Ontario. Industrial Acquisitions Completed to Date in 2021 March 1, 2021: acquired two industrial buildings in Edmonton, Alberta… [Read More]
Nexus REIT Waives Purchase Conditions to Acquire $44.8MM of Industrial Properties
TORONTO and MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today that it has waived conditions to acquire $44.8MM of industrial properties that it had previously announced entering into conditional contracts to acquire. The REIT has completed due diligence and waived conditions to acquire 3 single-tenant… [Read More]
Nexus REIT Announces Q1 2021 Results
TORONTO and MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended March 31, 2021. Highlights Occupancy of 94% at March 31, 2021 increased from 93% at December 31, 2020 and remained consistent as compared to Q1 2020. Rent collections continue… [Read More]