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Bullboard - Stock Discussion Forum First Capital Real Estate Investment Trust FCXXF


Primary Symbol: T.FCR.UN

First Capital Real Estate Investment Trust is a Canada-based open-ended mutual fund trust. The Company owns, operates and develops grocery-anchored, open-air centers in neighborhoods with various demographics in Canada. The Company targets specific urban and suburban neighborhoods, which are located in Toronto, Montreal, Vancouver, Edmonton, Calgary, and Ottawa. Its portfolio of properties... see more

TSX:FCR.UN - Post Discussion

First Capital Real Estate Investment Trust > From TD Flash Note this Morning
View:
Post by savyinvestor333 on Jan 13, 2021 7:23am

From TD Flash Note this Morning

Valuation Already Heavily Discounted: Last night's close of $14.44 represents a 32% discount to our NAV vs. the 15% peer average and 3% historical average. We continue to view FCR as among the most attractive plays on the eventual reopening of the economy as vaccinations progress and lockdown measures are eventually lifted.
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