Nexus Real Estate Investment (TSE:NXR.UN) has released an update.
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Nexus Industrial REIT has reported a significant 14.2% growth in Net Operating Income in the second quarter of 2024, driven by strategic acquisitions and development projects. Despite a dip in Normalized FFO and AFFO per unit compared to the previous year, the company’s CEO is optimistic about future growth from development projects and rental increases.
For further insights into TSE:NXR.UN stock, check out TipRanks’ Stock Analysis page.
