Nexus Industrial REIT management commentary attributes Q3 2026 net income growth primarily to fair value gains

• Nexus Industrial REIT's management commentary attributed third-quarter 2026 net income of CAD 31.88 million primarily to fair value gains.
• NOI rose 7.8% to CAD 34.69 million, driven by same-property growth, completed developments and recently acquired industrial properties.
• Higher occupancy and rental increases on renewals lifted industrial same-property NOI 4.2% to CAD 31.51 million.
• Net interest expense increased to CAD 13.88 million, reflecting higher unsecured debenture interest costs, partly offset by lower credit facility interest.
• Improved NOI helped reduce the normalized AFFO payout ratio to 95.6% from 106.9% a year earlier.

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 November 06, 2026, and is solely responsible for the information contained therein.