Professional
Added to YB: 2025-08-13
Pitch date: 2025-08-11
NXR-UN.TO [neutral]
Nexus Industrial REIT
+8.41%
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 7.28
Price Target
N/A
Dividend
N/A
EV/EBITDA
17.03
P/E
N/A
EV/Sales
12.00
Sector
Industrial REITs
Category
special_situation
Elevator thoughts on NCP's REITs - Nexus Industrial REIT
NXR-UN.TO (holding update): Pure-play Canadian industrial REIT executing well with strong leasing spreads despite Peavey Mart bankruptcies. Sold non-industrial assets, seeks credit rating. Potential catalysts: Trump trade war resolution, H&R REIT/Blackstone deal, possible distribution cut from current high yield. Insiders buying despite YTD sluggishness.
Read full article (2 min)