TORONTO and MONTREAL, Jan. 18, 2022 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) provides an acquisition update and announces its intention to change its name to Nexus Industrial REIT. “2021 was a very active year for the REIT. We grew our industrial portfolio significantly and completed three very… [Read More]
Nexus REIT Announces December Distribution
TORONTO and MONTREAL, Dec. 20, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today the declaration of the December distribution. 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 January 14, 2022 to unitholders… [Read More]
Nexus REIT Announces Closing of $162.6 Million Bought Deal Treasury and Secondary Equity Offering
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTRÉAL, Nov. 22, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (“Nexus REIT” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public treasury and secondary offering (the “Offering”) of trust units of the REIT… [Read More]
Nexus REIT Announces $141 Million Bought Deal Treasury and Secondary Equity Offering to Fuel Its Transition to a Pure Play Industrial REIT and Provides Acquisition Pipeline Update
/NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and MONTREAL, Nov. 15, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX:NXR.UN) (“Nexus” or the “REIT”) announced today that it and the vendor of the Richmond, British Columbia asset that the REIT acquired on April 30, 2018 (“Selling Unitholder”)… [Read More]
Nexus REIT Announces Q3 2021 Results
TORONTO and MONTREAL, Nov. 12, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended September 30, 2021. Highlights Occupancy of 95% at September 30, 2021, stable compared to June 30, 2021 and increased from 93% at September 30, 2020. Completed a total of… [Read More]
Nexus REIT Announces October and November Distributions
TORONTO and MONTREAL, Oct. 22, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today the declaration of the October and November 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 November 15, 2021… [Read More]
Nexus REIT Announces Entering Into $98.2 Million Purchase and Sale Agreement
TORONTO and MONTREAL, Oct. 19, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it has entered into an agreement to acquire a 50% interest in a newly constructed automated grocery customer fulfilment centre (“CFC”) strategically located in Pointe-Claire (Montreal), Quebec. The newly built 309,000 square… [Read More]
Nexus REIT Announces Board of Trustee Changes
TORONTO and MONTREAL, Oct. 07, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that Nick Lagopoulos has resigned from the REIT’s Board of Trustees, and that Justine Delisle and Louie DiNunzio have been appointed to the Board of Trustees. “We would like to thank Mr. Lagopoulos… [Read More]
Nexus REIT Completes $230.4MM Distribution Centre Acquisition Previously Announced
TORONTO and MONTREAL, Oct. 04, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it completed the previously announced $230.4MM acquisition of three distribution centres on October 1, 2021. “We are pleased to be able to add these high-quality properties to our portfolio in a significantly… [Read More]
Nexus REIT Establishes At-The-Market Equity Program
/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]