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TORONTO and MONTREAL, Aug. 12, 2021 (GLOBE NEWSWIRE) Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today its results for the… ....
Share: TORONTO and MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) Nexus Real Estate Investment Trust (the REIT ) (TSX:NXR) announced today its results for the quarter ended March 31, 2021. Highlights Occupancy of 94% at March 31, 2021 increased from 93% at December 31, 2020 and remained consistent as compared to Q1 2020. Rent collections continue to be strong despite the challenges of COVID-19. Graduated to the Toronto Stock Exchange on February 1, 2021, with a 1 for 4 consolidation of outstanding units. Comparative figures have been restated to reflect the consolidation. Completed a $14MM acquisition of two industrial properties in Edmonton, Alberta on March 1, 2021. Closed a $34.9MM bought deal equity offering on March 4, 2021 with 4,255,000 REIT Units issued (the Offering ), including 555,000 units issued as part of a fully exercised overallotment. The incremental units outstanding following the Offering will negatively impact per unit measures and th ....