Investor Presentation September 2023 slide image

Investor Presentation September 2023

2023 Acquisitions to Date Date Closed Asset Type City GLA (at share) March 7, 2023 Industrial Casselman, ON 530,000 sf $116.5MM April 21, 2023 Industrial London, ON 264,600 sf $36MM Purchase/Sale Price Highlights Brand-new single-tenant distribution centre leased to Ford. An opportunity to build a relationship with a reputable developer. Single-tenant distribution centre. Upside upon lease expiry in 2025 is expected to be 175%. The property has an appraised value of $60MM. Brand-new distribution building. The single tenant building has a long-term lease with annual increases of 4.25%. Distribution building in with brand new expansion of ~150,000sf. The property is leased entirely to a single tenant on a long-term lease deal. Brand-new distribution building. The single tenant with a long- term lease with annual increases of 4%. June 1, 2023 Industrial Laval, QC 192,000 sf $64.7MM June 15, 2023 Industrial London, ON 304,000 sf $56.4MM July 4, 2023 Industrial Burlington, ON 142,000 sf $64.7MM Total Acquisitions 1.43MM sf $338MM Other Activity: • To date, the REIT has sold 1 retail property for $42MM and 1 non-core industrial asset for $4.2MM. . The REIT continues to dispose of retail, office and non-core industrial to help fund the pipeline of acquisitions and development that we are strategically pursuing. NEXUS INVESTOR PRESENTATION SEPTEMBER 2023 11
View entire presentation