Development ProjectsThe REIT has several development projects expected to generate high yields, including a completed redevelopment in Regina and an upcoming project in Richmond.
EarningsNXR's Q2 results were not only ahead of expectations but also bolstered confidence with respect to the runway for earnings upside through 2025.
Lease RenewalsRenewals for a significant portion of expiries have been contracted at an average spread of +24%, suggesting strong future income.