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Nova Net Lease REIT (XCNQ:NNL.U) Other Expense


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What is Nova Net Lease REIT Other Expense?

Other Expense 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.