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Nexus Real Estate Investment ( ($TSE:NXR.UN) ) has issued an update.
Nexus Industrial REIT reported strong financial results for the second quarter of 2025, marking its first quarter as a pure-play industrial REIT. The company achieved a 5.6% growth in normalized FFO per unit and a 2.8% increase in industrial SPNOI. It completed the sale of 33 non-core properties and advanced construction projects that are expected to add significant annual NOI. Despite a net loss due to fair value adjustments, the REIT’s strategic focus on industrial properties is expected to yield positive outcomes for stakeholders.
The most recent analyst rating on ($TSE:NXR.UN) stock is a Hold with a C$6.75 price target. To see the full list of analyst forecasts on Nexus Real Estate Investment stock, see the TSE:NXR.UN Stock Forecast page.
Spark’s Take on TSE:NXR.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:NXR.UN is a Outperform.
Nexus Industrial REIT’s strong financial performance and attractive valuation drive a positive stock score. The company’s strategic repositioning to focus on industrial assets supports future growth, despite economic challenges and tenant risks highlighted in the earnings call. Technical indicators signal bullish momentum, although caution is warranted due to near-overbought conditions.
To see Spark’s full report on TSE:NXR.UN stock, click here.
More about Nexus Real Estate Investment
Nexus Industrial REIT is a real estate investment trust focused on the industrial sector. The company specializes in acquiring and managing high-quality, income-producing industrial properties, having recently transitioned to a pure-play industrial REIT by divesting non-core assets.
YTD Price Performance: 7.05%
Average Trading Volume: 143,624
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$736.9M
See more insights into NXR.UN stock on TipRanks’ Stock Analysis page.