Today techs Nexus Industrial REIT Declares September Distribution

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TORONTO, Sept. 21, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) introduced right this moment the declaration of the September 2022 distribution.

The REIT will make a money distribution within the quantity of $0.05333 per unit, representing $0.64 per unit on an annualized foundation, payable October 14, 2022 to unitholders of document as of today techs September 30, 2022.

The REIT’s distribution reinvestment plan (“DRIP”) entitles eligible unitholders to elect to obtain all, or a portion of the money distributions of the REIT reinvested in models today techs of the REIT. Eligible unitholders who so elect will obtain a bonus distribution of models equal to 4% of every distribution that was reinvested by them underneath the DRIP.

About Nexus Industrial REIT

today techs today techs align=”justify”>Nexus is a growth-oriented actual property funding belief targeted on growing unitholder worth via the acquisition of business properties positioned in main and secondary markets in Canada and probably together with the US, and the possession and administration of its portfolio of properties. The REIT at the moment owns a portfolio of 109 properties (together with two properties held for improvement wherein the REIT has an 80% curiosity) comprising roughly 10.7 million sq. ft of gross leasable space. The REIT has roughly 58,519,000 Items issued and excellent. Moreover, there are Class B LP Items of subsidiary restricted partnerships of Nexus issued and excellent, that are convertible into roughly 20,724,000 Items.

today techs For additional info please contact:

Kelly C. Hanczyk, CEO at (416) 906-2379 or
Rob Chiasson, CFO at (416) 613-1262.

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