Business Description
First Capital Real Estate Investment Trust is a Toronto Stock Exchange-listed trust that owns, operates, and develops open-air shopping centres anchored by grocery stores in Canada's most desirable urban neighbourhoods. In late 2025, the Trust completed an internal restructuring that streamlined its operations by replacing a corporate subsidiary with a simpler flow-through structure made up of subsidiary partnerships and trusts. Founded in 1993 and headquartered in Toronto, Ontario, First Capital focuses on communities where strong local demographics support long-term real estate value.