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]
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]
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