My understanding is that they are taking the property assets out of NXT and placing them in a REIT.
That should be good for NXT as it should be trading at higher multiples given its growth profile.
Property trusts are more conservative and trade at lower multiples.
A lot of companies take property off their balance sheets to focus their capital on running their core business.
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 (20min delay)
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Last
$14.21 |
Change
-0.010(0.07%) |
Mkt cap ! $9.061B | |||
| Open | High | Low | Value | Volume |
| $14.28 | $14.33 | $14.12 | $1.992M | 140.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1383 | $14.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.21 | 188 | 4 |
View Market Depth
| Last trade - 11.15am 22/07/2025 (20 minute delay) ? |
| NXT (ASX) Chart |