First Capital Realty Inc: Update Following Recent Affirmation at Baa2 Stable
FINANCIAL INSTITUTIONS CREDIT OPINION 30 June 2017 Update RATINGS First Capital Realty Inc Domicile Toronto, Ontario, Canada Long Term Rating Baa2 Type Senior Unsecured - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contact Griselda Bisono 212-553-4985 AVP-AnalystFirst 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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