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Officer buying at Nexus REIT (T:NXR)

Updated Tuesday Jul 04, 2017 03:18 AM EDT

Jean Teasdale, a Senior Officer and Director, acquired 16,729 Trust Units on a direct ownership basis and 78,571 Trust Units on an indirect ownership basis for registered holder Gestion JFALT Inc. at a price of $2.100 through a prospectus or prospectus exempt offering on June 30th, 2017. This represents a $200,130 investment into the company's shares and an account share holdings change of greater than 100%.

Nexus REIT is in the Commercial REITs Sub Industry Group under the Financials Sector.

Nexus Real Estate Investment Trust, formerly Edgefront Real Estate Investment Trust is a Canada-based real estate investment trust. The Company is focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The Company owns a portfolio of approximately 36 properties comprising approximately 2.1 million square feet of rentable area. Nexus Real Estate Investment Trust (NXR) has a high amount of executive buying compared to its small-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $200,130.

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Go to Nexus Industrial REIT (NXR)'s company page

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