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First Capital Reaches Truce With Final Dissident Shareholder Group Amid Plan to Sell $1 Billion in Assets

Toronto Retail Landlord Agrees to Pay Sandpiper Group and Affiliates Up to $1.9 Million to Cover Expenses
A First Capital REIT property in Calgary. (CoStar)
A First Capital REIT property in Calgary. (CoStar)
CoStar News
March 6, 2023 | 10:04 P.M.

First Capital, one of Canada's largest retail real estate investment trusts, has reached a settlement with one of its largest dissident shareholders in a deal that could see it pay nearly $2 million in costs.

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