1803299 Ontario Inc. Acquired Additional Exchangeable Limited Partnership Units of Nexus Industrial REIT
Toronto, Ontario--(Newsfile Corp. - November 1, 2023) - On November 1, 2023 (the "Closing"), 1803299 Ontario Inc. (the "Acquiror") sold the property known municipally as 1005 Wilton Grove Road, London, Ontario (the "Property") to Nexus Industrial REIT (the "REIT"), formerly Nexus Real Estate Investment Trust. As partial consideration for the acquisition of the Property (the "Acquisition"), the REIT's subsidiary, Nobel REIT Limited Partnership, issued 2,394,774 Class B limited partnership...
2023-11-01 8:18 PM EDT
1803299 Ontario Inc. Acquired Additional Exchangeable Limited Partnership Units of Nexus Industrial REIT
Toronto, Ontario--(Newsfile Corp. - June 15, 2023) - On June 15, 2023 (the "Closing"), 1803299 Ontario Inc. (the "Acquiror") sold the properties known municipally as 2234 and 2290 Scanlan Street, London, Ontario (collectively, the "Properties") to Nexus Industrial REIT (the "REIT"), formerly Nexus Real Estate Investment Trust. As partial consideration for the acquisition of the Properties (the "Acquisition"), the REIT's subsidiary, Nobel REIT Limited Partnership, issued 2,359,978 Class B...
2023-06-15 2:33 PM EDT
1803299 Ontario Inc. Pledges Exchangeable Limited Partnership Units of Nexus Industrial REIT
Toronto, Ontario--(Newsfile Corp. - September 8, 2022) - On July 19, 2022, 1803299 Ontario Inc. (the "Acquiror") entered into a commitment letter regarding a credit facility (the "Credit Facility") with a lender (the "Lender"). As security for the Acquiror's obligations pursuant to the Credit Facility, on September 8, 2022, the Acquiror pledged 13,455,076 class B limited partnership units in the capital of Nobel REIT Limited Partnership (the "LP Units"), in favour of the Lender (the...
2022-09-08 6:22 PM EDT