TORONTO, March 08, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in six multi-tenant industrial properties located in Edmonton, Alberta (the “Edmonton Industrial Portfolio” or the “Property”). The acquisition price for 100% of the Property is approximately $36.5 million,… [Read More]
Firm Capital Property Trust Announces Closing of the Previously Announced Acquisition of 135 Unit Multi-Residential Building for $55.0 Million
TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of the previously announced acquisition of one multi-residential building consisting of 135 units located in Pointe Claire, Quebec (the “Property”) for approximately $55.0 million, excluding transaction costs. Completed in 2021, this condominium… [Read More]
Firm Capital Property Trust Files (Final) Base Shelf Prospectus
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jan. 11, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV : FCD.UN) announced today that it has that it has filed a (final) short form base shelf prospectus with the securities… [Read More]
Firm Capital Property Trust Files Preliminary Base Shelf Prospectus
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV : FCD.UN) announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in… [Read More]
Firm Capital Property Trust Announces Amendments to Asset Management and Property Management Agreements
TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce that it has received final approval from the TSX Venture Exchange for certain amendments to the Trust’s asset management agreement (the “Asset Management Agreement”) with Firm Capital Realty Partners Inc. (the “Asset Manager”) and… [Read More]
Firm Capital Property Trust Announces the Acquisition of a 40% Interest in a Core Toronto Retail Property With an Institutional Partner for $23.8 Million
TORONTO, Sept. 28, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of a 40% interest in a 11,256 square foot single tenant retail property located in Toronto, Ontario. The acquisition price for the property is approximately $23.8 million, excluding transaction costs. The Trust’s… [Read More]
Firm Capital Property Trust Announces the Closing of the Previously Announced Acquisition of a 50% Interest in a 242 Unit Condominium Manufactured Housing Community for $10.7 Million
TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of the previously announced acquisition of a 50% interest in a 242 unit condominium Manufactured Housing Community (“MHC”) named Hidden Creek Condominium (“Hidden Creek” or the “Property”) located in McGregor, Ontario. The… [Read More]
Firm Capital Property Trust Announces Leasing Update
TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to provide an update on the Trust’s industrial occupancy since the period ended June 30, 2021. RECENT INDUSTRIAL LEASING HIGHLIGHTSThe Trust has completed a three year lease for a vacancy in the Montreal Industrial Portfolio that… [Read More]
Firm Capital Property Trust Announces Strong Second Quarter Results and $8.15/Unit NAV
TORONTO, Aug. 16, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report its financial results for the period ended June 30, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 63 commercial properties with a total gross leasable area (“GLA”) of 2,266,676 square feet, four multi-residential complexes… [Read More]
Firm Capital Property Trust Announces the Acquisition of a 50% Interest in 242 Unit Condominium Manufactured Housing Community for $10.7 Million
TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in a 242 condominium unit Manufactured Housing Community (“MHC”) named Hidden Creek Condominium (“Hidden Creek” or the “Property”) located in McGregor, Ontario. The acquisition price for 100% of… [Read More]
Firm Capital Property Trust Completes $28.8 Million Bought Deal Financing of Trust Units
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, June 08, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX-V: FCD.UN) is pleased to announce that it that it has closed its previously announced public offering of 4,107,800 trust units (“Trust… [Read More]
Firm Capital Property Trust Announces Strong Start to 2021 With $7.83/Unit Net Asset Value and Realized Gains From Centre Ice Retail Portfolio Dispositions
TORONTO, May 20, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSXV: FCD.UN) is pleased to report its financial results for the period ended March 31, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 72 commercial properties with a total gross leasable area (“GLA”) of 2,313,389 square feet, two multi-residential complexes… [Read More]