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NNLRF (Nova Net Lease REIT) Other Liabilities for Insurance Companies


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What is Nova Net Lease REIT Other Liabilities for Insurance Companies?

Other Liabilities for Insurance Companies only applies to insurance companies.


Nova Net Lease REIT Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nova Net Lease REIT (OTCPK:NNLRF) » Definitions » Other Liabilities for Insurance Companies
Traded in Other Exchanges
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Address
200 Bay Street, North Tower, Suite 1200, Toronto, ON, CAN, M5J 2J2
Nova Net Lease REIT is a real estate investment trust established to acquire specialized industrial and retail properties leased to experienced, licensed operators in the legal U.S. cannabis industry. The REIT intends to acquire properties through sale-leaseback transactions and lease such properties on a triple net lease basis for a targeted 10 to a 15-year term and strives to negotiate annual rental rate increases in the leases.