Nexus Real Estate Investment Trust | StockChase
5
Nexus Real Estate Investment Trust (NXR.UN-X)

Last Price Recorded: $2.0300 on 2017-11-23

ON STOCKCHASE SINCE Aug 2014

Formerly Edgefront REIT (April 2017)


Nexus Real Estate Investment Trust


Signal Opinion Expert
     

2016-02-03

DON'T BUY
Nexus Real Estate Investment Trust (NXR.UN-X)

A very small REIT that has a very interesting business model. They were working with companies that go into industries, especially Alberta focused, to see if they needed financing. They would buy the buildings in exchange for a long-term lease. Considering what has happened to the Alberta economy, this is really not the place to be, but could very much take advantage of the stress. Too early to be in this name.

REAL ESTATE
Derek Warren

Asst Vice President, Lincluden Investment Mgmnt

Price: $1.600
Owned: No

2015-06-01

COMMENT
Nexus Real Estate Investment Trust (NXR.UN-X)

Sometimes a yield is high and is a red flag because the market expects it to be cut. Doesn’t think that is the case here. It is the lack of liquidity. A small market cap and an unknown. Expects they are going to make an accretive acquisition and the stock is going to go up, which will make the yield go down. Yield of around 9%.

REAL ESTATE
Bruce Campbell (1)

President, Campbell and Lee InvMngmnt

Price: $1.700
Owned: Yes

2014-12-29

WEAK BUY
Nexus Real Estate Investment Trust (NXR.UN-X)

Small vehicle looking at the industrial space.  Too small for him, but has good management.

REAL ESTATE
Derek Warren

Asst Vice President, Lincluden Investment Mgmnt

Price: $1.840
Owned: No

2014-11-13

COMMENT
Nexus Real Estate Investment Trust (NXR.UN-X)

A little too small for him. Very interesting story and very unique. It's a bit niche. Commercial real estate and industrial focused. They work with tenants to find their mission-critical business for the
small business and then do a sales leaseback and help them grow their business over time. Anytime there is a small REIT you have to be a little careful as sometimes you can't get out. Well run. You should have a long-term horizon on this one.

REAL ESTATE
Derek Warren

Asst Vice President, Lincluden Investment Mgmnt

Price: $1.900
Owned: No

2014-08-12

DON'T BUY
Nexus Real Estate Investment Trust (NXR.UN-X)

This would not be his favourite. This is a multi-family REIT. Some of the ones he likes a little bit better have internal management and better balance sheets. If you are buying this, you are really buying it for the yield. You can get better risk/reward with similar yield with something like a Pure Multi-Family REIT (RUF.UN-T) or Milestone Apartments REIT (MST.UN-T), which have US exposure, but you should see pretty significant rent growth during the next couple of years.

REAL ESTATE
Andy Nasr

VP & Investment Strategist, Sentry Investments

Price: $1.880
Owned: No

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