Nexus Real Estate Investment Trust Announces Cash Distribution for June 2020, Payable on July 15, 2020; Elects Loriana Cipollone as A New Member of the Board
May 15, 2020 at 12:21 am
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Nexus Real Estate Investment Trust announced that it will make a cash distribution in the amount of $0.01333 per unit, representing $0.16 per unit on an annualized basis, payable July 15, 2020 to unitholders of record as of June 30, 2020.
The company it its annual meeting of unitholders held on May 14, 2020, elected Ms. Floriana Cipollone as a new member of the Board. Ms. Cipollone brings a wealth of knowledge and experience with her, with almost 30 years of experience in corporate financial management with 19 of those years spent in the real estate industry.
Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. It has a portfolio of industrial, office and retail properties in Canada, with a focus on acquiring and owning industrial properties. The Company owns a portfolio of 115 properties (including two properties held for development, in which the Company has an 80% interest) comprising approximately 12.1 million square feet of gross leasable area. Its industrial properties include 11250 - 189 STREET, 3501 GIFFEN ROAD NORTH, 10774 - 42 STREET SE, 261185 WAGON WHEEL WAY, 502-25 AVENUE and others. Its office properties include 127-145 RUE SAINT-PIERRE, 360 RUE NOTRE-DAME WEST, 329 RUE DE LA COMMUNE WEST, 353 RUE SAINT NICOLAS, 410 RUE SAINT NICOLAS and others. Its retail properties include 2000 BOULEVARD LOUIS-FRECHETTE, 250 BOULEVARD FISET AND 240 RUE VICTORIA, 340 RUE BELVEDERE SOUTH and others.
Nexus Real Estate Investment Trust Announces Cash Distribution for June 2020, Payable on July 15, 2020; Elects Loriana Cipollone as A New Member of the Board
NEXUS INDUSTRIAL REIT 
