Professional
Added to YB: 2025-07-03
Pitch date: 2025-06-30
NXR-UN.TO [neutral]
Nexus Industrial REIT
+13.26%
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 6.97
Price Target
13.40 (+70%)
Dividend
N/A
EV/EBITDA
17.03
P/E
N/A
EV/Sales
12.00
Sector
Industrial REITs
Category
value
Recent Portfolio Moves - Nexus Industrial REIT
NXR-UN.TO (holding update): High-yield industrial REIT trading at huge discount to NAV ($7.53 vs $13.40). Pure-play industrial positioning after non-core asset sales. Catalysts: declining payout ratio (currently >100%), potential Peavey Mart re-leasing, Hamilton property monetization, US trade deal benefits, and possible takeout bid.
Read full article (2 min)