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TORONTO, July 18, 2024 (GLOBE NEWSWIRE) — Nexus Industrial Real Estate Investment Trust (“Nexus” or the “Real Estate Trust”) (TSX: NXR.UN) today announced that it intends to release its financial results for the quarter ended June 30, 2024, prior to the opening of the Toronto Stock Exchange on Thursday, August 15, 2024.
The REIT management will host a conference call at 10:00 a.m. Eastern Standard Time on Thursday, August 15, 2024, to review financial results and operations.
To participate in the conference call, please dial 647-484-8814 or 1-844-763-8274 (toll-free in Canada and the United States) at least five minutes prior to the start time and request to join the Nexus Industrial REIT conference call.
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The conference call recording will be available until September 15, 2024. To access the recording, please call 1-412-317-0088 or 1-855-669-9658 (toll-free in Canada and the United States) and enter access code 2847948.
July and August Distributions
The REIT will make a cash distribution of $0.05333 per Unit, representing $0.64 per Unit on an annual basis, payable on August 15, 2024 to unitholders of record as of July 31, 2024.
The Fund will also make a cash distribution of $0.05333 per Unit, representing $0.64 per Unit on an annual basis, payable on September 16, 2024 to Unitholders of record on August 30, 2024.
About Nexus Industrial REIT
Nexus is a growth-oriented real estate investment company focused on increasing unitholder value through the acquisition, ownership and management of industrial properties located in primary and secondary markets in Canada. The Real Estate Investment Company currently owns a portfolio of 119 properties (including two properties earmarked for development in which the Real Estate Investment Company owns an 80% interest) comprising approximately 13.0 million square feet of gross leasable area. The Real Estate Investment Company has approximately 94,152,000 voting units outstanding and outstanding, including approximately 70,742,000 REITs and approximately 23,410,000 Class B limited partnership units of Nexus affiliates, which are convertible into REITs on a one-for-one basis.
For more information, please contact:
Kelly C. Hanzik, CEO at (416) 906-2379; or
Mike Roll, CFO at (289) 837-2650.
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