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 > Progress

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Comment by TheBridgeon Oct 28, 2024 11:11am

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Post# 36285015

RE:RE:Progress

TheBridge wrote:
TheBridge wrote: Well we touched $5.98 today! Likely need some time to stabilize at the $6 mark before the next leg of the share price moving up. So far, so good.

Looks like we're teasing $6 again, maybe this time we'll gain a foot hold at that level before we move on. Takes time and patience.

Well, we crossed that $6 mark! Second time making the run up. Usually it's the third run up where it finally settles in above that mark. Interesting now to see where it is eventually going to settle in at. Let's hope that it maintains its momentum.

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