PGGM Vermogensbeheer B.V. Announces Filing of Early Warning Report Related to Acquisition of Trust Units of Nexus Industrial REIT

Toronto, Ontario--(Newsfile Corp. - January 3, 2023) - PGGM Vermogensbeheer B.V. (the "Company") announces that it has filed an early warning report (the "Report") announcing the acquisition ("Acquisition") of an aggregate of 800,000 trust units (the "Trust Units") in the capital of Nexus Industrial REIT (the "REIT"). Prior to the completion of the Acquisition, the Company held 5,201,685 Trust Units, representing approximately 8.88% of the REIT's issued and outstanding Trust Units on an undiluted and partially diluted basis. Following the completion of the Acquisition, the Company beneficially owns and controls, an aggregate of 6,001,689 Trust Units, representing approximately 10.36% of the REIT's outstanding Trust Units on an undiluted and partially diluted basis.

The Trust Units were acquired for investment purposes. The Company has a long-term view of the investment and may acquire additional securities of the REIT either on the open market or through private acquisitions or sell the Trust Units on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

For further details relating to the acquisition, please see the Report, a copy of which is available on the REIT's SEDAR profile or from the Company at its head office at Postbus 117, 3700 AC Zeist or via telephone at +31 030 277 1473.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150176