Nexus Real Estate Investment Trust (TSXV:NXR.UN) is looking for acquisitions. "2021 is looking to be a breakout year for the REIT. We're very excited about announcing these acquisitions and the prospects for the REIT's near-term growth." commented Kelly Hanczyk, the REIT's Chief Executive Officer. "We've been in discussions with the vendors of the London portfolio and building a relationship with them for several years now, culminating in this sizeable off-market deal. The vendors have demonstrated their faith in the REIT, contracting to take back a significant portion of the purchase price in units. We look forward to a continued strong relationship with this vendor which will hopefully lead to additional acquisition opportunities in the future. We are also quite pleased to have completed the acquisition of our 50% interest in a well-tenanted Ajax, Ontario industrial property, which we now co-own with the vendor, who we've also developed an excellent relationship with over the years. We continue to have a strong pipeline of potential acquisitions and expect 2021 will be a solid year of growth for the REIT. We will continue to focus on the acquisition of industrial properties and believe that increasing the industrial weighting of the REIT's portfolio will have a very positive impact on the valuation of the REIT's units. We are also still very much committed to graduating to the TSX, combined with a 4-to-1-unit consolidation, and hope to provide an update on that front very shortly".