Professional
Added to YB: 2025-06-03
Pitch date: 2025-06-01
NXR-UN.TO [neutral]
Nexus Industrial REIT
+15.14%
current return
Author Info
Nugget Capital Partners is a research analyst specializing in resources w/ focus on energy. Sign up for the newsletter.
Company Info
Nexus Industrial REIT is an unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated March 7, 2022.
Market Cap
CAD 578.9M
Pitch Price
CAD 6.85
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.03
P/E
N/A
EV/Sales
12.00
Sector
Industrial REITs
Category
value
NCP Real Estate Portfolio Update - Nexus Industrial REIT
NXR-UN.TO (holding update): Canadian industrial REIT up on thawing US-Canada trade tensions. Less tariff risk as Trump waives auto parts duties (USMC compliant tenants). Still extremely discounted despite improving outlook. Distribution payout ratio falling as NOI rises from organic growth and reduced leverage via non-core asset sales.
Read full article (1 min)