TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV : FCD.UN) is pleased to announce that its distributions for 2020 were tax efficient to unitholders as it delivered a 100% return of capital. The Trust would also like to remind investors that distributions have been raised eight times… [Read More]
Firm Capital Property Trust Closes Sale of Three Retail Properties for Gross Proceeds of $10.2 Million and a 120% Return
TORONTO, March 02, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV : FCD.UN) is pleased to announce that it is has recently closed the disposition of its interest in three retail properties totaling 50,824 square feet from its Centre Ice Retail Portfolio (of which it controls 70% of the assets)… [Read More]
Firm Capital Property Trust Announces Grant of Options
TORONTO, Dec. 01, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV : FCD.UN) announces the grant of options to acquire trust units in the capital of the Trust (each a âUnitâ) to the trustees and officers of the Trust on December 1, 2020. Each of the options will expire five… [Read More]
Firm Capital Property Trust Announces Eighth Consecutive Annual Distribution Increase With 2% Commencing in 2021
TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to announce its eighth consecutive annual distribution increase with a 2% increase commencing in 2021. Effective January 2021, annualized distributions will increase to $0.51 per trust unit from $0.50 per trust unit. This equates to a… [Read More]
Firm Capital Property Trust Announces Solid Third Quarter Results
TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to report today its financial results for the three and nine months ended September 30, 2020. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 76 commercial properties with a total GLA of 4,244,849 square feet (2,350,850 square… [Read More]
Firm Capital Property Trust Announces Information Regarding Annual and Special Meeting of Unitholders
TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the âTrustâ) (TSXV: FCD.UN) is providing the following update regarding its upcoming annual and special meeting of unitholders (the âMeetingâ) to be held on August 26, 2020 at 11:00 am. Given the current circumstances surrounding COVID-19, the location of the Meeting will be the… [Read More]
Firm Capital Property Trust Announces Accretive Trust Unit Redemption and NCIB Activity to Date
TORONTO, July 24, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the âTrustâ), (TSXV: FCD.UN) is providing the following update regarding an accretive redemption of its Trust Units and activity to date under its Normal Course Issuer Bid (âNCIBâ). Pursuant to its Declaration of Trust, on July 21, 2020, the Trust received from an institutional… [Read More]
Firm Capital Property Trust Announces Postponement of Executive Compensation Disclosure
TORONTO, June 30, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the âTrustâ), (TSXV: FCD.UN) announced that it will be relying on the temporary blanket relief provided by the Canadian Securities Administrators to postpone filing of its executive compensation disclosure required under applicable securities laws until such time as it is filed and delivered to… [Read More]
Firm Capital Property Trust Announces First Quarter Results and April/ May Rent Collections
TORONTO, May 12, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV: FCD.UN) is pleased to report its financial results for the three months ended March 31, 2020 as well as April and May rent collections. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 76 commercial properties with a total GLA of 4,244,242… [Read More]
FIRM CAPITAL PROPERTY TRUST PROVIDES UPDATE ON RENTAL COLLECTION
TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (TSXV: FCD.UN) (the âTrustâ) is issuing this press release regarding the Trustâs collection of the April gross rent payments due to the impact of the COVID-19 pandemic. We would like to assure unitholders that the Trust has been taking proactive action to collect rents…. [Read More]
FIRM CAPITAL PROPERTY ANNOUNCES EXCHANGE APPROVAL OF NORMAL COURSE ISSUER BID
TORONTO, April 03, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV: FCD.UN) is pleased to announce that it has received approval from the TSX Venture Exchange (the “Exchange“) to commence a normal course issuer bid (the “Bid“) to purchase up to 2,829,746 of its trust units (“Trust Units“), being equal… [Read More]
FIRM CAPITAL PROPERTY TRUST PROVIDES UPDATE ON INSIDER ACQUISITION ACTIVITY
TORONTO, March 31, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the âTrustâ), (TSXV: FCD.UN) is pleased to announce that since March 1, 2020, every member of the board of trustees including the Trustâs executive officers have acquired directly and/or indirectly 159,042 trust units for approximately $0.7 million or 0.5% of the total trust units… [Read More]