First Capital REIT announces Gazit's disposition of remaining interest in FCR

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[{"type":"text","content":"\n\n\n\nFirst Capital REIT announces Gazit's disposition of remaining interest in FCR\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, March 13, 2020\n\n\n\n/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/\n TORONTO, March 13, 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 its remaining 3.0% interest in FCR. 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, which has now been accomplished. \nAbout First Capital REIT (TSX: FCR.UN)\nFirst 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. \nSOURCE First Capital Real Estate Investment Trust\n\n\n\n View original content: http://www.newswire.ca/en/releases/archive/March2020/13/c1159.html\n\n\n\n\nKay Brekken, Executive Vice President & CFO, (416) 216-2051, [email protected], www.fcr.ca, TSX: FCR.UNCopyright CNW Group 2020","length":2727,"tagName":"div"}]

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