Nexus Real Estate Investment (TSE:NXR.UN) has released an update.
Nexus Industrial REIT has reported a significant 14.2% growth in Net Operating Income in the second quarter of 2024, driven by strategic acquisitions and development projects. Despite a dip in Normalized FFO and AFFO per unit compared to the previous year, the company’s CEO is optimistic about future growth from development projects and rental increases.
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