First Capital REIT is selling a 50% non-managing stake in a downtown Toronto development less than a week after the retail landlord announced plans to dispose of $1 billion in properties to improve its balance sheet.
First Capital Agrees To Sell Initial Asset Since Announcing $1 Billion Disposition Program
Retail REIT Sells 50% Stake in Downtown Toronto Residential Project for $149 Million
By Garry Marr
CoStar NewsSeptember 29, 2022 | 2:29 a.m.
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IN THIS ARTICLE
- Properties
- King High Line
1100 King St, Toronto, ON
- Companies
- First Capital REIT
Real Estate