Nexus Industrial REIT (EFRTF)

5.15 0.00 (0.00%) As of 12:58PM EDT. Market open.

Nexus Industrial REIT

105-586 Argus Road
Oakville, ON L6J 3J3
Canada
416 613 1262
https://www.nexusreit.com

Sector(s): Real Estate
Industry: REIT - Industrial
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kelly Clark Hanczyk	CEO & Trustee	836.99k	N/A	1968
Mr. Michael Ross Rawle	CFO & Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Nexus Industrial REIT is a growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties. The REIT currently owns a portfolio of 116 properties (including two properties held for development in which the REIT has an 80% interest) comprising approximately 12.4 million square feet of gross leasable area. The REIT has approximately 93,038,000 voting units issued and outstanding, including approximately 68,427,000 REIT Units and approximately 24,611,000 Class B LP Units of subsidiary limited partnerships of Nexus, which are convertible to REIT Units on a one-to-one basis.

Corporate governance

Nexus Industrial REIT’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 7; Board: 3; Shareholder rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.