First Capital Q2 net income drops 61.87% to CAD 24.21 million; revenue rises 2.43% to CAD 190.74 million

Reuters2026/07/27 22:10

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

First Capital REIT posted IFRS net income attributable to unitholders of CAD 24.21 million, down 61.87% year over year.
IFRS revenue rose 2.43% to CAD 190.74 million; IFRS net operating income increased 1.9% to CAD 118.11 million.
IFRS net income per diluted unit fell to CAD 0.11 from CAD 0.30.
Fair value gains on investment properties climbed to CAD 93.62 million from CAD 8.73 million.
Management maintained a target net debt to adjusted EBITDA ratio in the low-8x range by end-2026; net debt to adjusted EBITDA was 9.0x.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Capital Real Estate Investment Trust published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

First Capital Q2 net income drops 61.87% to CAD 24.21 million; revenue rises 2.43% to CAD 190.74 million

You may also like

Crypto prices