GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nova Net Lease REIT (XCNQ:NNL.U) » Definitions » Short-term investments

Nova Net Lease REIT (XCNQ:NNL.U) Short-term investments


View and export this data going back to 2022. Start your Free Trial

What is Nova Net Lease REIT Short-term investments?

Short-term investments only applies to insurance companies.


Nova Net Lease REIT Business Description

Traded in Other Exchanges
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.