Firm Capital Property Trust Announces Accretive Acquisition, Disposition and Refinancing Initiatives

TORONTO, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX : FCD.UN) is pleased to provide the following updates:

$6.2 MILLION ACQUISITION OF TWO EDMONTON INDUSTRIAL PROPERTIES
The $6.2 million acquisition in the existing Edmonton Joint Venture Partnership of a 50% interest in two multi-tenant industrial properties with a combined area of 68,000 square feet, located in Edmonton, Alberta (the “Properties”).