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    FCR.UN — First Capital Real Estate Investment Trust News Story

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    KingSett Capital, Choice Properties to acquire First Capital in $6.85 billion deal

    Picture of First Capital Real Estate Investment Trust logoFirst Capital Real Estate Investment Trust
    16/04/2026 12:51
    April 16 (Reuters) - Real estate investment trust Choice Properties CHP_u.TO and KingSett Capital will acquire First Capital REIT FCR_u.TO in a cash-and-stock deal worth about C$9.4 billion ($6.85 billion), the companies said on Thursday.

($1 = 1.3730 Canadian dollars)

 (Reporting by Aatreyee Dasgupta in Bengaluru; Editing by Jonathan Ananda)

 ((Aatreyee.Dasgupta@thomsonreuters.com;))

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