Nexus Industrial Q2 FY26 net loss widens to C$12.8 million; revenue rises 10.94% to C$46.62 million
Reuters2026/08/11 00:09Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Nexus Industrial REIT posted an IFRS net loss of CAD 12.8 million in Q2 2026, widening from a loss a year earlier on CAD 26.5 million in fair-value losses.
- Revenue rose to CAD 46.62 million; net operating income climbed 6.2% to CAD 34.1 million versus a year ago.
- Industrial occupancy increased to 97% from 95% at March 31, 2026, with 379,916 sq. ft. of renewals at a 6% average spread.
- Normalized AFFO per unit fell to CAD 0.154 from CAD 0.16, with the normalized AFFO payout ratio at 102.2%.
- Sold an 80% stake in Hamilton development land for CAD 14.1 million; secured an investment-grade rating and completed an inaugural CAD 500 million bond issuance.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexus Industrial REIT published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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