First Capital Realty – Cheap capital
First Capital Realty (TSX: FCR) owns and operates shopping centres. They do so quite profitably, and while not technically an REIT, it does have REIT-type characteristics, including a policy of distributing most of its cash flows through dividends. When doing some research on this company, I did notice they were able to raise the following … Continue reading First Capital Realty – Cheap capital
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