First Capital REIT Announces Further Reduction in Gazit's Ownership to 3.0%
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, March 4, 2020 /CNW/ - First Capital REIT ("First Capital" or "FCR") (TSX: FCR.UN), one of Canada's leading developers, owners and operators of mixed-use urban real estate in Canada's most densely populated neighbourhoods, announced today that Gazit-Globe Ltd. (together with its affiliates, "Gazit") has sold a portion of its interest in FCR, reducing its ownership from approximately 4.4% to 3.0%. FCR agreed to waive the previously announced one-year lock-up of Gazit's FCR shares to facilitate an orderly reduction of Gazit's interest in FCR. Gazit's retained interest continues to be subject to the lock-up, subject to the consent of FCR, for the remainder of the one-year term which expires on April 16, 2020.
About First Capital REIT (TSX: FCR.UN)
First Capital is one of Canada's leading developers, owners and operators of mixed-use urban real estate in Canada's most densely populated neighbourhoods. First Capital's focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and our investors.
Newport Exploration Ltd ("Newport" or "the Company") provides an update for licences in the Cooper Basin, Australia, over which the Company has a 2.5% gross overriding royalty ("GOR"). This information was reported by Beach Energy Ltd ("Beach") in...
Allison Transmission announced today that International Truck, a Navistar brand, has integrated Allison fully automatic transmissions into S13-equipped trucks. Through the partnership's continued collaboration, the award-winning Allison 3414 Regional...
On April 11, 2024, Corporación Financiera de Desarrollo S.A. ("COFIDE") announced the commencement of a cash tender offer (the "Offer") for any and all of its outstanding US$255,000,000 aggregate principal amount of 5.250% Fixed-to-Floating Rate...
Royal Helium Ltd. ("Royal" or the "Company") is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters (collectively, the...
A B.C. resident has paid $10,000 to the B.C. Securities Commission (BCSC) and agreed to a temporary market ban after admitting to advising on and trading in securities without being registered.
Wayne Lo entered into informal investment agreements...
