Nexus Industrial REIT

NXR.UN

CA65344U1012

Commercial REITs

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-05-15 EDT			5-day change	1st Jan Change
7.14 ^CAD	-4.29%		-0.56%	-11.74%

05-15	Transcript : Nexus Industrial REIT, Q1 2024 Earnings Call, May 15, 2024
05-15	Nexus Industrial REIT Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Nexus Industrial REIT Reports Earnings Results for the Full Year Ended December 31, 2023

March 13, 2024 at 10:03 pm

Nexus Industrial REIT reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CAD 157.65 million compared to CAD 137.12 million a year ago. Net income was CAD 160.03 million compared to CAD 120.87 million a year ago.

Latest news about Nexus Industrial REIT

Transcript : Nexus Industrial REIT, Q1 2024 Earnings Call, May 15, 2024	05-15
Nexus Industrial REIT Reports Earnings Results for the First Quarter Ended March 31, 2024	05-14	CI
Nexus Industrial REIT (TSX:NXR.UN) completed the acquisition of 102,000 sq. ft. industrial property in Kelowna BC for CAD 35 million.	05-13	CI
Nexus Industrial REIT Announces May and June Distributions, Payable on June 14, 2024 and July 15, 2024 Respectively	05-07	CI
National Bank Trims Nexus Industrial REIT Target to $8.50, Reiterates Sector Perform	03-14	MT
Transcript : Nexus Industrial REIT, Q4 2023 Earnings Call, Mar 14, 2024	03-14
Nexus Industrial REIT Reports Q4 Results	03-14	MT
Nexus Industrial REIT Reports Earnings Results for the Full Year Ended December 31, 2023	03-13	CI
Nexus Industrial REIT Announces Cash Distribution for the Month of March and April 2024, Payable on April 15, 2024 and May 15, 2024 Respectively	03-13	CI
Nexus Industrial REIT (TSX : NXR.UN) acquired Single-tenant class-A 82,500 square foot industrial building in Calgary for $35 million.	03-13	CI
National Bank Raises Price Targets for Real Estate Firms, Provides Preview	01-30	MT
Nexus Industrial REIT Announces January and February Distributions, Payable on February 15, 2024 and March 15, 2024	01-18	CI
National Bank Key Takeaways From "Meet The REITs Conference", Toronto Real Estate Forum	12-05	MT
Nexus Industrial REIT Appoints Rawle as CFO as Chiasson Departs for Other Opportunities	11-21	MT
Nexus Industrial REIT Announces Chief Financial Officer Changes	11-21	CI
National Bank Says Nexus Industrial REIT's Q3 NOI Was In Line With Estimates; Price Target Raised	11-16	MT
Transcript : Nexus Industrial REIT, Q3 2023 Earnings Call, Nov 15, 2023	11-15
Nexus Industrial REIT Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-14	CI
Nexus Industrial REIT Third-Quarter NOI Rises 18%	11-14	MT
Nexus Industrial REIT Announces December Cash Distribution, Payable on January 15, 2024	11-14	CI
Nexus Industrial REIT Brief: Closed Prior Disclosed Acquisition and Provided an Update on Its Debt	11-01	MT
Nexus Industrial REIT Announces Closing of Previously Disclosed Acquisition	11-01	CI
Nexus Industrial REIT (TSX:NXR.UN) acquired 1005 Wilton Grove Road, London, Ontario from 1803299 Ontario Inc. for CAD 55.8 million.	10-31	CI
Nexus Industrial Reit Announces Distribution for the Month of October and November 2023, Payable on November 15, 2023 and December 16, 2023	23-10-20	CI
Transcript : Nexus Industrial REIT, H1 2023 Earnings Call, Aug 14, 2023	23-08-14

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Company Profile

Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. It has a portfolio of industrial, office and retail properties in Canada, with a focus on acquiring and owning industrial properties. The Company owns a portfolio of 115 properties (including two properties held for development, in which the Company has an 80% interest) comprising approximately 12.1 million square feet of gross leasable area. Its industrial properties include 11250 - 189 STREET, 3501 GIFFEN ROAD NORTH, 10774 - 42 STREET SE, 261185 WAGON WHEEL WAY, 502-25 AVENUE and others. Its office properties include 127-145 RUE SAINT-PIERRE, 360 RUE NOTRE-DAME WEST, 329 RUE DE LA COMMUNE WEST, 353 RUE SAINT NICOLAS, 410 RUE SAINT NICOLAS and others. Its retail properties include 2000 BOULEVARD LOUIS-FRECHETTE, 250 BOULEVARD FISET AND 240 RUE VICTORIA, 340 RUE BELVEDERE SOUTH and others.

Sector

Commercial REITs

Calendar

2024-08-08 - Q2 2024 Earnings Release (Projected)

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Ratings for Nexus Industrial REIT

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.14 CAD

Average target price

8.361 CAD

Spread / Average Target

+17.10%

Consensus

Quarterly revenue - Rate of surprise

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Industrial REITs