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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
SALE OF INVESTMENT PROPERTIES FOR GROSS PROCEEDS OF $15 MILLION SAME PROPERTY NOI INCREASE NAV GROWTH AND DECLINING AFFO PAYOUT RATIO
TORONTO, June 05, 2025 (GLOBE NEWSWIRE) -- Firm Capital Property Trust ("FCPT" or the "Trust"), (TSX: FCD.UN) is pleased to announce the voting results for its Annual and Special Meeting of unitholders ("Unitholders”) of Trust Units (“Units”) of the Trust held on June 5, 2025 (the “Meeting”).
TORONTO, May 08, 2025 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX : FCD.UN) is pleased to announce that it has closed the previously announced sale within its Montreal Industrial Portfolio Joint Venture (“Montreal Industrial JV”) of a 100% interest in a single tenant, 159,470 square foot industrial facility for gross proceeds of approximately $27.9 million ($27.5 million net of closing costs). The Trust's portion of the gross proceeds after closing costs are approximately $13.8 million.
Same Property NOI Increase Rent PSF Increase Across the Entire Porfolio Same Property NOI Increase Rent PSF Increase Across the Entire Porfolio
NAV Growth Strong Sequential AFFO Growth Declining AFFO Payout Ratio To 100%
TORONTO, March 25, 2025 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX : FCD.UN) is pleased to announce that its Montreal Industrial Portfolio Joint Venture (“Montreal Industrial JV”) has entered into a binding agreement to sell a 100% interest in a single tenant, 159,470 square foot industrial facility for gross proceeds of approximately $27.9 million ($27.5 million net of closing costs). The Trust's portion of the gross proceeds after closing costs are approximately $13.8 million. Closing is anticipated to be during the second quarter of 2025.
NAV GROWTH STRONG 14% SEQUENTIAL AFFO GROWTH DECLINING AFFO PAYOUT RATIO TO 100% NO 2024 MORTGAGE MATURITIES REMAINING
STRONG SEQUENTIAL SAME-STORE NOI AND NAV GROWTH DECLINING AFFO PAYOUT RATIO TORONTO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the three and six months ended June 30, 2024. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 64 commercial properties with a total gross leasable area (“GLA”) of 2,545,843 square feet, five multi-residential complexes comprised of 599 units and four Manufactured Home Communities comprised of 537 units.
TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- Firm Capital Property Trust ("FCPT" or the "Trust"), (TSX: FCD.UN) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by FCPT of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding trust units.
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Firm Capital Property Trust ("FCPT" or the "Trust"), (TSX: FCD.UN) is pleased to announce the voting results from its Annual Meeting of unitholders ("Unitholders”) of Trust Units (“Units”) of the Trust held on June 20, 2024 (the “Meeting”).
STRONG SEQUENTIAL SAME-STORE NOI AND NAV GROWTH DECLINING AFFO PAYOUT RATIO 75% OF 2024 MORTGAGE MATURITIES REFINANCED
TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the three and twelve months ended December 31, 2023.
TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX : FCD.UN) is pleased to provide an update regarding its recent refinancing / renewal of a large portion of its 2024 mortgage debt maturities.
TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the three and nine months ended September 30, 2023.
Q2 NCIB yields 9.7% return $10 million mortgage increase on the Montreal Industrial Portfolio at 4.84% for seven years
TORONTO, July 13, 2023 (GLOBE NEWSWIRE) -- Firm Capital Property Trust ("FCPT" or the "Trust"), (TSX: FCD.UN) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by FCPT of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding trust units.
TORONTO, July 07, 2023 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX: FCD.UN) is pleased to announce the following: