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Bullboard - Stock Discussion Forum First Capital Real Estate Investment Trust T.FCR.UN

Alternate Symbol(s):  FCXXF

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 > Andrew Moffs - BNN - TOP PICK
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Post by Possibleidiot01 on Nov 29, 2022 3:42pm

Andrew Moffs - BNN - TOP PICK

TOP PICK
They own the finest portfolio of grocery-anchored shopping centres in the world, 22 million sq.ft + 24 million sq.ft in the future, located in thriving neighbourhoods of density and income growth. It used to trade at a premium to NAV, but at a discount int he past 5 years, during which it was one of the worst-performing stocks Holds a great portfolio, though struggles that they trade at a discount to NAV. Not surprised that an activist investor has come aboard. Good growth ahead. (Analysts’ price target is $18.71)
property mngmnt / investment
$0.000
Owned
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