First Capital Realty (TSE:FCR.UN) has released an update.
First Capital Realty’s third-quarter 2024 results highlight robust financial performance driven by strong leasing activity and increased portfolio occupancy. The company’s grocery-anchored retail portfolio contributed to a 3.7% same property NOI growth and a notable 12.4% lease renewal spread. Overall, the total portfolio occupancy rose to 96.5%, reflecting a 60 basis points increase from the previous year.
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