First Capital Real Estate Investment Trust: Rating Report
On June 23, 2023, DBRS, Inc. (DBRS Morningstar) confirmed the Issuer Rating and Senior Unsecured Debentures rating of First Capital Real Estate Investment Trust at BBB with Stable trends.First Capital Realty is engaged in the business of acquiring, developing, redeveloping, owning and operating neighbourhood and community shopping centers located predominantly in metropolitan areas in Canada. Co.'s property operations are focused in Canada. As of Dec 31 2010, Co. had interests in 179 properties, including 3 under development, totalling approx. 22.3 million sq. ft. of gross leasable area and 8 land sites in the planning stage for retail development.
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