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As of March 31, 2024, First
Capital owns interests in 139 neighbourhoods, totalling 22.2 million square feet of gross leasable area worth $ 9.2 billion in total assets. Major tenant groups include grocery stores (17.1% of 2023 Annual Rent), medical & personal services (15.5%), restaurants
341:, was awarded Silver 2020 Green Lease Leader Recognition by the Institute for Market Transformation (IMT) and the U.S. Department of Energy’s Better Building Alliance. First Capital also received Prime Status for Corporate ESG Performance by the Institutional Shareholder Services
288:
First
Capital owns, operates, and develops grocery anchored open -air centres in neighbourhoods with the strongest demographics in Canada. As of December 31, 2023, the average population density within 5 kilometers of FCR properties is 295,000, up 44% since 2016
348:
ESG Ratings assessment for the third year in a row, a 4-star ranking by the Global Real Estate
Sustainability Benchmark (GRESB) in 2020, awarded Silver 2020 Green Lease Leader Recognition by the Institute for Market Transformation (IMT) and the
812:
292:
In
September 2017, it was announced that First Capital was considering selling $ 500 million worth of properties in Ottawa and Toronto in which it has a partial interest. As December 31, 2023, 45% of the FCR portfolio is in the
1260:
991:
375:‘Road to Net Zero’ Ranking. The FCR Thriving Neighbourhoods Foundation also raised over $ 925,000 in contributions for charities and non-profits across Canada since it’s launch in 2020.
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In 2023, FCR implemented more than 300 electric vehicle charging stations and over 1,100 bike racks across their portfolio. First
Capital was listed as a top 30 Canadian company in
334:
In 2020, First
Capital released its 2020-2024 Environmental, Social, and Governance (ESG) Roadmap, and Sustainability Policy, outlining current and future sustainability plans.
361:
238:
As of March 31, 2024, First
Capital REIT owns interests in 139 neighbourhoods, totaling 22.2 million square feet of gross leasable area worth $ 9.2 billion in total assets.
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217:
As of 2003, First
Capital had 81 properties, after spinning off its American properties and acquiring 18 properties during the year. In 2011, First Capital Realty bought
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In 2022, First
Capital was once again named one of Canada’s Top Small and Medium Employers. FCR was the first Canadian retail REIT to be a signatory in support of the
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Since 2006, First
Capital has engaged in several sustainability initiatives, starting with its commitment to develop all properties using
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In December 2019, FCR converted from a corporation to a real estate investment trust, listing on December 30 on the TSX as FCR.UN.
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423:(35 stores, 1.6% of rent). Around 54.9% of First Capital REIT's annual rent came from its top 40 tenants.
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As of December 31, 2023 around 33.2% of First Capital REIT's annual rent came from its top 10 tenants -
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through a 1994 IPO. It started with 5 properties, and grew to 70 properties by 2000. In May 2000,
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ended up acquiring the company, which was restructured and renamed First Capital Realty in 2001.
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805:"First Capital Realty-backed portfolio of 19 properties in Ottawa and Toronto on the market"
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247:(13.0%), pharmacies (9.2%), and banks (8.1 The top 10 tenants as of December 31, 2023 were
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In 2020, FCR received a 4-star ranking by the Global Real Estate Sustainability Benchmark
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Better Building Alliance, and received Prime Status for Corporate ESG Performance by the
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In December 2019, the company rebranded as First Capital REIT, and reorganized into a
214:(now Gazit-Globe) was a significant shareholder in First Capital up until March 2020.
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984:"First Capital Realty Completes Conversion to a Real Estate Investment Trust"
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897:"First Capital Announces Gazit's Disposition of Remaining Interest in FCR"
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Centre Wilderton, a First Capital Property & Development in
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West (formerly known as the Christie Cookie Site) in Toronto
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is a Canadian public real estate company, specializing in
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Edmonton Brewery District, a First Capital property in
482:
3080 Yonge Street, a First Capital property in midtown
204:
briefly entered discussions into buying First Capital.
368:(SBTi) for their 2030 GHG reduction target of 46%.
426:Notable properties owned by First Capital include:
362:
Task Force on Climate-Related Financial Disclosures
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323:Sustainability and environmental responsibilities
838:"Our History | North American Development Group"
344:In 2021, FCR has achieved a 'AAA' rating in the
1420:Companies listed on the Toronto Stock Exchange
1384:"First Capital Realty - Portfolio&Leasing"
955:"Yorkville's $ 110M Hazelton Lanes mall sold"
329:Leadership in Energy and Environmental Design
8:
930:"First Capital shops for the right property"
21:
707:Meadowlark Health & Shopping Centre in
346:Morgan Stanley Capital International (MSCI)
27:
20:
1430:Real estate investment trusts of Canada
1360:"First Capital REIT Annual Report 2023"
1190:"First Capital's 2020-2024 ESG Roadmap"
1158:"First Capital's Sustainability Policy"
928:Church, Elizabeth (December 27, 2003).
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471:(formerly known as Hazelton Lanes) in
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1298:from the original on February 9, 2024
1170:from the original on February 9, 2021
1090:"First Capital Annual Report - 2023"
848:from the original on December 1, 2018
196:First Capital was founded in 1994 as
16:Canadian real estate investment trust
7:
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815:from the original on January 1, 2018
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870:Howlett, Karen (October 23, 2001).
202:Riocan Real Estate Investment Trust
1234:from the original on April 2, 2023
1035:"First Capital Annual 2024 Report"
355:Institutional Shareholder Services
14:
1266:from the original on May 21, 2021
1254:"First Capital's Q1 2021 Results"
1202:from the original on May 25, 2021
1138:from the original on May 19, 2024
1102:from the original on May 19, 2024
909:from the original on May 25, 2021
872:"The stock trades nobody noticed"
364:and received validation from the
994:from the original on May 8, 2021
842:North American Development Group
366:Science Based Targets Initiative
1425:Real estate companies of Canada
62:S&P/TSX Composite Component
419:(8 stores, 1.7% of rent), and
311:, a First Capital Property in
1:
701:Edmonton Brewery District in
435:102-108 Yorkville Avenue in
387:(94 stores, 10.5% of rent),
234:Real Estate Investment Trust
120:Adam E. Paul (President and
982:Inc, First Capital Realty.
415:(26 stores, 1.8% of rent),
411:(51 stores, 1.9% of rent),
407:(43 stores, 2.0% of rent),
403:(10 stores, 2.1% of rent),
399:(19 stores, 2.9% of rent),
395:(35 stores, 3.2% of rent),
391:(50 stores, 5.5% of rent),
351:U.S. Department of Energy's
184:. It is one of the largest
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1415:Companies based in Toronto
1340:: CS1 maint: url-status (
1129:First Capital REIT Website
176:real estate, and based in
165:, a First Capital Property
1122:"First Capital Q1 Report"
780:Pemberton Plaza in North
749:Semiahmoo Shopping Centre
453:Shops at King Liberty in
26:
682:Griffintown 100 Peel in
676:Griffintown 225 Peel in
573:Yonge & Roselawn in
447:101 Yorkville Avenue in
144:$ 9.8 billion CAD (2023)
132:$ 688 million CAD (2023)
1074:CS1 maint: url-status (
766:False Creek Village in
695:Mount Royal Village in
570:1 Bloor East in Toronto
536:Strandherd Crossing in
221:, a shopping centre in
122:Chief executive officer
811:. September 21, 2017.
772:Terra Nova Village in
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548:York Mills Gardens in
501:Meadowvale Town Centre
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1358:First Capital, REIT.
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309:Shops at King Liberty
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229:, for $ 110 million.
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670:Wilderton Centre in
421:Royal Bank of Canada
1318:"ESG Report - 2023"
1286:"ESG Report - 2022"
1222:"ESG Report - 2020"
728:Cranston Market in
658:Place Michelete in
581:Lakeshore Boulevard
542:Leaside Village in
441:Appleby Village in
23:
1065:|archive-url=
1018:has generic name (
934:The Globe and Mail
902:. March 22, 2017.
876:The Globe and Mail
735:Old Strathcona in
643:Galeries Normandie
630:
627:Edmonton, Alberta.
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564:King High Line in
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331:(LEED) standards.
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170:First Capital REIT
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22:First Capital REIT
758:Shops at New West
722:Seton Village in
652:Carre Lucerne in
469:Yorkville Village
198:Centrefund Realty
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413:GoodLife Fitness
277:Goodlife Fitness
186:retail landlords
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373:Sustainaltyics
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299:Greater Ottawa
284:RBC Royal Bank
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219:Hazelton Lanes
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163:Cedarbrae Mall
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1393:December 29,
1391:. Retrieved
1387:
1378:
1366:. Retrieved
1324:. Retrieved
1312:
1300:. Retrieved
1280:
1268:. Retrieved
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1236:. Retrieved
1216:
1204:. Retrieved
1184:
1172:. Retrieved
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1140:. Retrieved
1128:
1116:
1104:. Retrieved
1084:
1044:. Retrieved
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998:February 26,
996:. Retrieved
987:
964:December 29,
962:. Retrieved
958:
949:
939:December 29,
937:. Retrieved
933:
923:
911:. Retrieved
891:
881:December 29,
879:. Retrieved
875:
852:December 29,
850:. Retrieved
841:
819:December 29,
817:. Retrieved
808:
556:Yonge Street
510:Parkway Mall
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139:Total assets
95:Headquarters
36:Company type
18:
1016:|last=
514:Scarborough
505:Mississauga
464:Scarborough
212:Gazit Group
206:Gazit Group
188:in Canada.
73:Real Estate
71:Commercial
1409:Categories
1142:January 2,
1106:January 2,
788:References
379:Properties
116:Key people
90:Dori Segal
782:Vancouver
768:Vancouver
492:One Bloor
409:Dollarama
315:, Toronto
273:Dollarama
223:Yorkville
48:Traded as
1336:cite web
1326:April 1,
1302:April 1,
1293:Archived
1261:Archived
1238:April 1,
1229:Archived
1197:Archived
1165:Archived
1133:Archived
1097:Archived
1056:cite web
1008:cite web
992:Archived
959:CBC News
904:Archived
846:Archived
813:Archived
774:Richmond
737:Edmonton
718:Edmonton
709:Edmonton
703:Edmonton
684:Montreal
678:Montreal
672:Montreal
666:Montreal
660:Montreal
654:Montreal
647:Montreal
638:Montreal
616:Brossard
610:Brossard
301:areas.
242:Business
68:Industry
1368:May 24,
1270:May 21,
1206:May 25,
1174:May 25,
1067:value (
1046:May 21,
913:May 25,
730:Calgary
724:Calgary
697:Calgary
690:Alberta
575:Toronto
566:Toronto
560:Toronto
550:Toronto
544:Toronto
496:Toronto
484:Toronto
473:Toronto
455:Toronto
449:Toronto
443:Toronto
437:Toronto
430:Ontario
401:Walmart
385:Loblaws
339:(GRESB)
265:Walmart
249:Loblaws
227:Toronto
192:History
182:Ontario
178:Toronto
149:Website
129:Revenue
104:Ontario
100:Toronto
87:Founder
79:Founded
56::
1388:fcr.ca
1063:Check
753:Surrey
732:
600:Quebec
595:
538:Ottawa
532:Ottawa
523:Ottawa
389:Sobeys
357:2020.
253:Sobeys
174:retail
152:fcr.ca
109:Canada
58:FCR.UN
40:Public
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579:2150
554:3080
393:Metro
257:Metro
1395:2017
1370:2024
1342:link
1328:2024
1304:2023
1272:2021
1240:2021
1208:2021
1176:2021
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