Firm Capital Property Trust·Real Estate

TORONTO, April 08, 2026 (GLOBE NEWSWIRE) -- Firm Capital Property Trust ("FCPT" or the "Trust") (TSX : FCD.UN), announces that in the original news release captioned "FIRM CAPITAL PROPERTY TRUST ANNOUNCES TRANSFORMATIONAL ACCRETIVE ACQUISITIONS OF 50% INTERESTS IN ELEVEN MANUFACTURED HOME COMMUNITIES FOR $227 MILLION" published on April 6, 2026, the Trust incorrectly stated that the approximate annualized and aggregate increase in AFFO would be 15%.

BECOMES ONE OF CANADA'S LARGEST MHC OWNERS FOCUSED ON GROCERY RETAIL, INDUSTRIAL AND MULTI-RESIDENTIAL REAL ESTATE CREATION OF GEOGRAPHICALLY BALANCED & DIVERSIFIED PORTFOLIOINCREASED EXPOSURE TO NON-RENT CONTROLLED WESTERN CANADIAN ECONOMIES

Firm Capital Property Trust (OTCMKTS:FRMUF - Get Free Report)'s share price dropped 0.1% on Wednesday. The stock traded as low as $4.3945 and last traded at $4.3945. Approximately 300 shares traded hands during trading, a decline of 63% from the average daily volume of 820 shares. The stock had previously closed at $4.40. Firm
Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income. In partnership with management and industry leaders, The Trust's plan is to own as well as to co-own a diversified property portfolio of multi-residential, flex industrial, net lease convenience retail, and core service provider professional space. In addition to stand alone accretive acquisitions, the Trust will make joint acquisitions with strong financial partners and acquisitions of partial interests from existing ownership groups, in a manner that provides liquidity to those selling owners and professional management for those remaining as partners. Firm Capital Realty Partners Inc., through a structure focused on an alignment of interests with the Trust sources, syndicates and property and asset manages investments on behalf of the Trust.
Real Estate
REIT - Diversified
1
2019-01-31
0.46
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