TORONTO, March 23, 2017 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) is pleased to report today its consolidated annual financial results for the three and nine twelve ended December 31, 2016. FOURTH QUARTER AND 2016 HIGHLIGHTS Net income before fair value adjustments for the three months ended December 31,… [Read More]
Firm Capital Property Trust Announces Results of Voting at Annual and Special Meeting
TORONTO, Nov. 18, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that at the annual and special meeting (the “Meeting“) of unitholders held earlier today, all nominees were elected as trustees of the Trust, as follows: Nominee Votes “For” % Votes“For” Votes “Withheld” % of… [Read More]
Firm Capital Property Trust Announces Solid Quarter of Earnings and Portfolio Growth
TORONTO, Nov. 3, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) is pleased to report today its consolidated interim financial results for the three and nine months ended September 30, 2016. THIRD QUARTER AND YEAR-TO-DATE HIGHLIGHTS Rental revenue for the three months ended September 30, 2016 was $4.2 million,… [Read More]
Firm Capital Property Trust announces 4.8% increase in monthly distributions, revised November and December 2016 cash distributions and acquisition of a Moncton retail property
TORONTO, Nov. 1, 2016 /CNW/ – Firm Capital Property Trust (the “Trust“) (TSXV: FCD.UN) announced today that its Board of Trustees has approved a 4.8% increase in its monthly distributions to $0.036666 per unit from $0.035 per unit. On an annualized basis this equates to anticipated distributions of $0.44 per unit up from $0.42 per… [Read More]
Firm Capital Property Trust announces closing of Thickson Place joint venture with First Capital Realty
TORONTO, Sept. 30, 2016 /CNW/ – Firm Capital Property Trust (the “Trust“) (TSXV: FCD.UN) is pleased to announce the acquisition of a 40% interest in Thickson Place, located in Whitby, Ontario. The acquisition price values the property at approximately $39.5 million (at 100%), excluding transaction costs. As a result of the acquisition, the Trust will… [Read More]
Firm Capital Property Trust Announces Completion of Private Placement for Gross Proceeds of $7.1 Million.
TORONTO, Sept. 2, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it has closed a non-brokered private placement for $7.1 million consisting of 1,190,534 units of the Trust at a price of $6.00 per unit (the “Private Placement“). The Trust will use the proceeds… [Read More]
Firm Capital Property Trust Announces Grant of Options
TORONTO, Aug. 15, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) announces the grant of options to acquire units in the capital of the Trust (each, a “Unit“) to the trustees and officers of the Trust on August 15, 2016. Each of the options will expire five years from the… [Read More]
Firm Capital Property Trust Announces Another Solid Quarter of Earnings and Portfolio Growth
TORONTO, Aug. 10, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) is pleased to report today its consolidated interim financial results for the three and six months ended June 30, 2016. SECOND QUARTER AND YEAR-TO-DATE HIGHLIGHTS Rental revenue for the three months ended June 30, 2016 was $3.8 million, a… [Read More]
Firm Capital Property Trust announces closing of the first tranche of the private placement for gross proceeds of $6.3 million and increases the size of the offering up to $10.2 million
TORONTO, Aug. 3, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it has closed the first tranche a non-brokered private placement for $6.3 million and has increased the size of the offering up to $10.2 million consisting of 1,700,000 units of the Trust at a… [Read More]
Firm Capital Property Trust announces a non-brokered private placement for up to $6 million
TORONTO, July 12, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it is proceeding with a non-brokered private placement in which it will raise up to $6,000,000 and issue up to 1,000,000 units of the Trust at a price of $6.00 per unit. The Trust… [Read More]
Firm Capital Property Trust announces a joint venture with First Capital Realty with the acquisition of a 40% interest in two retail properties
TORONTO, June 9, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the acquisition of a 40% interest in The Whitby Mall and Thickson Place two retail properties located in Whitby, Ontario (the “Portfolio“). The acquisition price for 100% of the Portfolio is approximately $75.3 million, excluding transaction… [Read More]
Firm Capital Property Trust Announces First Quarter Results
TORONTO, May 5, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its financial results for the three months ended March 31, 2016. FIRST QUARTER HIGHLIGHTS Including a gain on sale generated from the sale of two properties from the Centre Ice Retail Portfolio, three months ended March… [Read More]