The latest announcement is out from Firm Capital Property ( ($TSE:FCD.UN) ).
Firm Capital Property Trust has completed the sale of its 50% interest in a 159,470 square foot industrial building in Montreal for $27.9 million. The sale, part of the Montreal Industrial Portfolio Joint Venture, allows the Trust to reduce its exposure to large tenants and reinvest in smaller bay multi-tenant industrial units, grocery-anchored retail, and multi-residential rentals. This transaction is expected to increase the capital gains portion of its 2025 distribution, reflecting a strategic shift towards more diversified and less tariff-sensitive sectors.
Spark’s Take on TSE:FCD.UN Stock
According to Spark, TipRanks’ AI Analyst, TSE:FCD.UN is a Outperform.
Firm Capital Property scores strongly overall due to robust financial performance, attractive valuation metrics, and favorable technical indicators. The company’s balanced approach to growth and strategic asset management, coupled with a high dividend yield, positions it well in the market. However, the moderate leverage and potential interest rate risks should be monitored.
To see Spark’s full report on TSE:FCD.UN stock, click here.
More about Firm Capital Property
Firm Capital Property Trust is focused on creating long-term value for Unitholders through capital preservation and disciplined investing to achieve stable distributable income. The Trust aims to own and co-own a diversified property portfolio that includes multi-residential, flex industrial, and net lease convenience retail properties. It engages in joint acquisitions with strong financial partners and acquisitions of partial interests from existing ownership groups.
Average Trading Volume: 27,961
Technical Sentiment Signal: Buy
Current Market Cap: C$223M
See more data about FCD.UN stock on TipRanks’ Stock Analysis page.