Nexus Industrial REIT·Real Estate

Nexus Industrial REIT TSE: NXR.UN reported higher first-quarter operating income and said it remains on track to keep its normalized AFFO payout ratio below 100% for the full year, while also highlighting an investment-grade credit rating and its first bond issuance as key milestones.

Nexus Industrial REIT (NXR.UN:CA) Q1 2026 Earnings Call Transcript

Net Income of $32.2 million; NOI(1) growth of 5.4% to $33.8 million; Normalized AFFO payout ratio(1) of 96.6%

Not for distribution in the United States or dissemination through U.S. news or wire services TORONTO, April 14, 2026 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that it has completed its previously announced offering (the “Offering”) of $500 million aggregate principal amount of senior unsecured debentures (the “Debentures”), consisting of $300 million aggregate principal amount of Series A Debentures maturing April 14, 2029 and $200 million aggregate principal amount of Series B Debentures maturing April 14, 2031. The Series A Debentures bear interest at a fixed annual rate of 4.236% per annum, and the Series B Debentures bear interest at a fixed annual rate of 4.641% per annum.

TORONTO, April 10, 2026 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) announced today that it intends to release its financial results for the first quarter ended March 31, 2026, before the opening of the TSX on Tuesday, May 12, 2026.

Not for distribution in the United States or dissemination through U.S. news or wire services TORONTO, April 09, 2026 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that it has priced a private placement offering (the “Offering”) of $500 million aggregate principal amount of senior unsecured debentures (the “Debentures”), consisting of $300 million aggregate principal amount of Series A Debentures maturing April 14, 2029 and $200 million aggregate principal amount of Series B Debentures maturing April 14, 2031. The Debentures are being offered on a private placement basis in each of the provinces of Canada by a syndicate of agents led by BMO Capital Markets, Desjardins Capital Markets and RBC Capital Markets as joint bookrunners, which includes National Bank Capital Markets, Scotia Capital, CIBC Capital Markets, ATB Cormark Capital Markets and TD Securities.
Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area. The REIT has approximately 109,910,000 units issued and outstanding. Additionally, there are Class B LP Units of subsidiary limited partnerships of Nexus REIT issued and outstanding, which are convertible into approximately 25,667,000 REIT Units.
Real Estate
REIT - Industrial
19
2014-05-23
1.18