TORONTO, March 30, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (the âTrustâ), (TSXV: FCD.UN) is issuing this press release regarding the impact of COVID-19 and information on the financial stability of the Trust. Over the past several weeks, this pandemic has driven business, market and economic turmoil to inconceivable levels. Since 2012 the Trust… [Read More]
FIRM CAPITAL PROPERTY TRUST ANNOUNCES STRONG FOURTH QUARTER AND YEAR END RESULTS
TORONTO, March 27, 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 twelve months ended December 31, 2019. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 74 commercial properties with a total GLA of 4,153,997 square feet (2,305,331 square feet… [Read More]
Firm Capital Property Trust Announces Acquisition of a 50% Interest in a $10.7 Million Industrial Portfolio
TORONTO, Feb. 10, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in two industrial properties located in Edmonton and Leduc, Alberta (the âPortfolioâ). The acquisition price for 100% of the Portfolio is approximately $10.7 million, excluding transaction costs. The… [Read More]
Firm Capital Property Trust Announces Closing of Final Tranche of $6 Million Private Placement
TORONTO, Nov. 21, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV : FCD.UN) is pleased to announce that it is has closed the final tranche of its previously announced Non-Brokered Private Placement (the âPrivate Placementâ). On September 25, 2019, the Trust announced that it was proceeding with a Private Placement… [Read More]
Firm Capital Property Trust Reports Highest NOI Since Inception and +4% Distribution Increase
TORONTO, Nov. 07, 2019 (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, 2019 along with its seventh distribution increase in seven years. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 73 commercial properties with a… [Read More]
Firm Capital Property Trust Announces Closing of Both a 50% Interest in a $11.4 Million Industrial Portfolio and First Tranche of Private Placement
TORONTO, Oct. 29, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the closing of an acquisition of a 50% interest in two industrial properties located in Edmonton, Alberta (the âPortfolioâ) that was previously announced on September 18, 2019. The acquisition price for 100% of the… [Read More]
Firm Capital Property Trust Announces $5 Million Private Placement
TORONTO, Sept. 25, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ), (TSXV : FCD.UN) is pleased to announce that it is proceeding with a Non-Brokered Private Placement (the âPrivate Placementâ) in which it will raise up to $5,000,000 and issue approximately 781,250 Trust Units of the Trust at a price of… [Read More]
Firm Capital Property Trust Announces Acquisition of a 50% Interest in a $11.4 Million Industrial Portfolio
TORONTO, Sept. 18, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in two industrial properties located in Edmonton Alberta (the âPortfolioâ). The acquisition price for 100% of the Portfolio is approximately $11.4 million, excluding transaction costs. The Trustâs portion… [Read More]
Firm Capital Property Trust Announces Grant of Options
TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV : FCD.UN) announces the grant of options to acquire units in the capital of the Trust (each, a âUnitâ) to trustees and officers of the Trust on August 14, 2019. Each of the options will expire five years from… [Read More]
Firm Capital Property Trust Reports Highest Quarterly Asset Growth Since Inception
TORONTO, Aug. 09, 2019 (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 six months ended June 30, 2019. PROPERTY PORTFOLIO HIGHLIGHTSThe portfolio consists of 73 commercial properties with a total GLA of 3,974,354 square feet (2,218,596 square feet… [Read More]
Firm Capital Property Trust Announces Results of Voting at Annual and Special Meeting
TORONTO, Aug. 06, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV : FCD.UN) is pleased to announce that at the annual and special meeting (the âMeetingâ) of unitholders held earlier today, all nominees were elected as trustees of the Trust, as follows: Nominee Votes âForâ % Votes âForâ Votes âNoâ… [Read More]
Firm Capital Property Trust Announces Closing of Previously Announced Private Placement
TORONTO, March 28, 2019 (GLOBE NEWSWIRE) — Firm Capital Property Trust (âFCPTâ or the âTrustâ) (TSXV: FCD.UN) is pleased to announce that it has closed its previously announced Non-Brokered Private Placement (the âPrivate Placementâ). The Trust has raised gross proceeds of $8,676,640 and issued 1,355,726 Trust Units of the Trust at a price of $6.40… [Read More]