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First Capital sells properties in challenging transactions market

Retail REIT says valuations could rise, assessment backed up by analyst report
First Capital REIT owns this property on Yonge Street in Toronto. (CoStar)
First Capital REIT owns this property on Yonge Street in Toronto. (CoStar)
CoStar News
November 4, 2024 | 5:01 P.M.

Toronto-based First Capital REIT, one of the country's largest retail landlords, said it is still selling assets in what its CEO said has been a challenging market for transactions.

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