Share:
TORONTO and MONTREAL, Jan. 20, 2021 (GLOBE NEWSWIRE) Nexus Real Estate Investment Trust (the REIT ) (TSXV:NXR) announced today the declaration of the January 2021 distribution.
The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable February 16, 2021 to unitholders of record as of January 29, 2021.
The REIT s current distribution per unit continues to be $0.01333 per month. The REIT s distribution reinvestment plan ( DRIP ) entitles eligible unitholders to elect to receive all, or a portion of the cash distributions of the REIT reinvested in units of the REIT. Eligible unitholders who so elect will receive a bonus distribution of units equal to 4% of each distribution that was reinvested by them under the DRIP.
Nexus REIT is Poised to Increase Its Industrial Portfolio Weighting Through New Acquisitions
Nexus REIT is Poised to Increase Its Industrial Portfolio Weighting Through New Acquisitions
TORONTO and MONTREAL, Jan. 08, 2021 Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) is pleased to announce that it has entered into a conditional agreement to purchase six industrial assets in London, Ontario, and a conditional agreement to purchase two industrial buildings in Edmonton, Alberta, and has completed the acquisition of a previously announced acquisition in Ajax, Ontario.
The REIT has entered into conditional agreements of purchase and sale for industrial properties totalling $117,500,000, which will add 1,299,340 square feet of gross leasable area (GLA) to its portfolio. Upon completion of these acquisitions, the REIT expects that the percentage of net rental income derived from its industrial portfolio will increase from approximately 61% to approximately 67%. Un
Nexus REIT Announces December 2020 Distribution Nexus Real Estate Investment Trust Oakville, Ontario, CANADA
French
TORONTO and MONTREAL, Dec. 22, 2020 (GLOBE NEWSWIRE) Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today the declaration of the December 2020 distribution.
The REIT will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable January 15, 2021 to unitholders of record as of December 31, 2020.
The REIT’s current distribution per unit continues to be $0.01333 per month. The REIT’s distribution reinvestment plan (“DRIP”) entitles eligible unitholders to elect to receive all, or a portion of the cash distributions of the REIT reinvested in units of the REIT. Eligible unitholders who so elect will receive a bonus distribution of units equal to 4% of each distribution that was reinvested by them under the DRIP.