Investor Presentation September 2023 slide image

Investor Presentation September 2023

Key Takeaways 1 Nexus Industrial REIT is the only pure play Canadian industrial REIT 2 Weighted average lease term of 6.8 years with contractual growth built into long-term leases ACROPOLIS WAREHOUSING INC. 3 4 5 CO 6 7 8 24% mark-to-market upon lease expiries in the industrial portfolio Past and planned acquisitions and development are high- grading of its portfolio to institutional grade Robust pipeline of industrial acquisition opportunities for execution when more favourable economics return The REIT has access to sufficient liquidity Development and intensification opportunities expected to be highly accretive to NAV, FFO and AFFO per unit The REIT is in a position for multiple expansion as it trades at a 12.5x multiple to AFFO compared to its peers which trade a 16.9x multiple Nexus provides investors the opportunity to participate in the growth stages of an industrial vehicle owning quality Canadian assets at a valuation that represents a significant discount compared to other industrial REITS NEXUS INVESTOR PRESENTATION SEPTEMBER 2023 17
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