Firm Capital Property Trust T.FCD.UN

Alternate Symbol(s): FRMUF

Real Estate REIT - Diversified

Firm Capital Property Trust (the Trust) is a Canada-based open-ended real estate investment trust. The Trust owns 100% of the outstanding Class A Limited Partnership Units of Firm Capital Property Limited Partnership (FCPLP), a limited partnership created under the laws of the Province of Ontario. FCPLP ultimately owns the investment properties through various subsidiaries. The Trust is focused on creating long-term value for unitholders through capital preservation and disciplined investing to achieve stable distributable income. The Trust operates through five segments: grocery anchored retail, non-grocery anchored retail, industrial, multi-residential, core service office provider, and manufactured homes communities. Its portfolio consists of 64 commercial properties with a total GLA of 2,545,843 square feet, five multi-residential complexes comprised of 599 units and four manufactured homes communities comprised of 537 units.

TSX:FCD.UN - Post by User

Firm Capital Property Trust > NCIB

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Comment by rabnudon Jul 30, 2024 10:21am

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Post# 36154262

RE:RE:NCIB

one of my best holdings of reits trusts or ETF

TheBridge wrote:
TheBridge wrote: Excellent move on behalf of FCD to proceed with the NCIB. Reduce the number of share receiving dividends and reducing the number of existing shares will also help move the share price up towards a more reasonable level. Progress being made.

It appears that we're on our way to some higher ground along with the markets. Looks like $6 is just around the corner.