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Overview
First Capital Real Estate Investment Trust (REIT) is a Canadian real estate investment trust that owns, develops, and operates a portfolio of retail properties across Canada. The company was founded in 1997 and is headquartered in Toronto, Canada. First Capital REIT focuses on acquiring and managing urban retail properties, primarily grocery-anchored shopping centers and standalone stores. Their portfolio includes over 160 properties, totaling over 25 million square feet of leasable space. The company's properties are located in major Canadian cities, such as Toronto, Vancouver, Montreal, and Calgary, as well as smaller urban centers. The properties are primarily anchored by major tenants such as Loblaws, Sobeys, Shoppers Drug Mart, and Canadian Tire. In addition to owning and operating properties, First Capital REIT also has a development and redevelopment program to expand and enhance their existing portfolio. They also actively seek out new acquisition opportunities to further diversify their portfolio. First Capital REIT is listed on the Toronto Stock Exchange under the ticker symbol FCR.UN and offers investors the opportunity to invest in a diverse portfolio of Canadian retail properties with the potential for long-term growth and stable income.
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