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An update from Nexus Real Estate Investment ( ($TSE:NXR.UN) ) is now available.
Nexus Industrial REIT has announced the release date for its fourth-quarter and year-end 2024 financial results, set for March 10, 2025, with a subsequent conference call to discuss the results. Additionally, the REIT declared cash distributions of $0.05333 per unit for January and February 2025, amounting to $0.64 per unit on an annualized basis, reinforcing its commitment to providing steady returns to its unitholders.
More about Nexus Real Estate Investment
Nexus Industrial REIT is a growth-oriented real estate investment trust that focuses on enhancing unitholder value through the acquisition and management of industrial properties across primary and secondary markets in Canada. The trust owns a portfolio of 105 properties, including one development property, with approximately 12.5 million square feet of gross leasable area.
YTD Price Performance: -0.37%
Average Trading Volume: 31,983
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $506.9M
For a thorough assessment of NXR.UN stock, go to TipRanks’ Stock Analysis page.
