TORONTO and MONTREAL, July 23, 2021 (GLOBE NEWSWIRE) – Nexus Real Estate Investment Trust (TSX: NXR.UN) (“Nexus” or the “REIT”) announced today that it intends to release its financial results for the second quarter ended June 30, 2021 prior to the opening of the TSX on Thursday, August 12, 2021.
REIT management will host a conference call at 1:00 pm Eastern Standard Time on Thursday, August 12, 2021 to review financial results and operations.
To participate in the conference call, dial 416-915-3239 or 1-800-319-4610 (toll free in Canada and the US) At least five minutes before the start time and request to join the Nexus conference call REIT.
A recording of the conference call will be available until September 12, 2021. To access the recording, dial 604-674-8052 or 1-855-669-9658 (toll free in Canada and the US) and enter the access code 7494.
July other August
The REIT will make a cash distribution in the amount of $ 0.05333 per unit, representing $ 0.64 per unit on an annualized basis, payable on August 13, 2021 to registered participants as of July 30, 2021.
The REIT will also make a cash distribution in the amount of $ 0.05333 per unit, representing $ 0.64 per unit on an annualized basis, payable on September 15, 2021 to registered participants as of August 31, 2021.
The REIT Distribution Reinvestment Plan (“DRIP”) entitles eligible unitholders to elect to receive all or a portion of the REIT cash distributions reinvested in REIT units. Eligible unitholders who so elect will receive a bonus distribution of units equal to 4% of each distribution they have reinvested under the DRIP.
About Nexus REIT
Nexus is a growth-oriented real estate investment trust focused on increasing shareholder value through the acquisition, ownership and management of industrial, office and retail properties located in the primary and secondary markets of North America. The REIT currently owns a portfolio of 89 properties comprising approximately 6.6 million square feet of gross leasable area. The REIT has approximately 33,788,000 units issued and outstanding. In addition, there are issued and outstanding Nexus subsidiary Limited Partnership Class B LP units that are convertible into approximately 16,442,000 units.
For more information contact:
Kelly Hanczyk, Executive Director at (416) 906-2379; or
Rob Chiasson, Chief Financial Officer at (416) 613-1262.