One of Canada's top real estate investment trusts said it believes enough in its units that it spent about $70 million to repurchase them during the second quarter.
This Toronto REIT Has Solution for Falling Unit Price: Buy Its Own Shares
First Capital Spends $70 Million To Buy Stock as Valuations in Retail Sector Continue To Be Questioned
By Garry Marr
CoStar News
August 4, 2022 | 5:59 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- 3080 Yonge Street
3080 Yonge St, Toronto, ON
- Companies
- First Capital REIT
Real Estate