TORONTO, March 24, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated annual financial results for the three months and twelve months ended December 31, 2015. FOURTH QUARTER AND 2015 HIGHLIGHTS Three Months Ended December 31, 2015 FFO and AFFO of $1.2 million and $1.3 million,… [Read More]
Firm Capital Property Trust announces over 99% of 2015 distributions are tax deferred
TORONTO, Feb. 25, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that its distributions for the year ended December 31, 2015 are 99.6% non-taxable predominately in the form of return of capital. A detailed breakdown of the tax status of the distributions can be found at… [Read More]
Firm Capital Property Trust closes sale of two retail properties for gross proceeds of $4.0 million and a $23.7 million refinancing of retail portfolio.
TORONTO, Feb. 23, 2016 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it is has closed the sale of its interest in two retail properties totaling 19,330 sq. ft. and closed a $23.7 million new first mortgage on the 100% interest in a co-owned retail… [Read More]
Firm Capital Property Trust announces sale of two retail properties for gross proceeds of $4.0 million and results of voting at annual and special meeting
TORONTO, Dec. 17, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it is has sold its interest in two properties totaling 19,330 sq. ft. in two separate transactions to third parties. Both transactions are unconditional and are expected to close in January 2016. The Trust’s… [Read More]
Firm Capital Property Trust announces another solid quarter of earnings and portfolio growth
TORONTO, Nov. 5, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months and nine months ended September 30, 2015. THIRD QUARTER HIGHLIGHTS Three Months Ended September 30, 2015 FFO and AFFO of $1.2 million and $1.1 million is a 12%… [Read More]
Firm Capital Property Trust announces closing of previously announced non-brokered private placement for gross proceeds of approximately $11 million
TORONTO, Sept. 22, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV : FCD.UN) is pleased to announce that it is has closed a non-brokered private placement offering of units in the capital of the Trust (“Units“) that was previously announced on August 4, 2015 (the “Offering“). The Trust issued 1,961,300 Units at… [Read More]
Firm Capital Property Trust announces closing of a 70% interest in an industrial portfolio and confirmation of 5% distribution increase
TORONTO, Aug. 31, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of its previously announced acquisition of a 70% interest in seven industrial buildings located in Waterloo, Ontario (the “Portfolio”). The acquisition price for 100% of the Portfolio is approximately $43.3 million, excluding transaction… [Read More]
Firm Capital Property Trust Announces Solid Quarterly Results
TORONTO, Aug. 6, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months and six months ended June 30, 2015. SECOND QUARTER HIGHLIGHTS Three Months Ended June 30, 2015 FFO and AFFO of $1.1 million and $0.98 million is a… [Read More]
Firm Capital Property Trust announces a non-brokered private placement for up to $10 million
TORONTO, Aug. 4, 2015 /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 $10,080,000 and issue up to 1,800,000 units of the Trust at a price of $5.60 per unit. The… [Read More]
Firm Capital Property Trust Announces the Acquisition of a 70% Interest in an Industrial Portfolio and 5% Distribution Increase
TORONTO, July 27, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the purchase of a 70% interest in seven industrial buildings located in Waterloo, Ontario (the “Portfolio“). The acquisition price for 100% of the Portfolio is approximately $43.3 million, excluding transaction costs. The capitalization rate is… [Read More]
Firm Capital Property Trust Announces Solid Quarterly Results and Balance Sheet Positioned for Growth
TORONTO, May 4, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated interim financial results for the three months ended March 31, 2015. FIRST QUARTER HIGHLIGHTS Three Months Ended March 31, 2015 (“Q1/2015“) FFO and AFFO of $0.97 million and $0.95 million, which is a 21% and… [Read More]
Firm Capital Property Trust announces strong 2014 results
TORONTO, March 25, 2015 /CNW/ – Firm Capital Property Trust (“FCPT” or the “Trust“), (TSXV : FCD.UN) reported today its consolidated financial results for the three and twelve months ended December 31, 2014. FOURTH QUARTER AND 2014 HIGHLIGHTS Three Months Ended December 31, 2014 (“Q4/2014“) FFO and AFFO of $1.1 million and $0.9 million, which is… [Read More]