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First Capital REIT

First Capital REIT reports “solid” Q1 results.

Mario Toneguzzi -
Total portfolio occupancy of 97.2%, representing an increase of 30 basis points year-over-year

Alice + Olivia to Open First Canadian Store in Yorkville

Craig Patterson -
Alice + Olivia will open its first Canadian store at Yorkville Village in Toronto, reinforcing the area’s strength as a luxury retail hub.

From The Desk: Strategic Growth and Market Polarization Shape Canadian Retail

Craig Patterson -
Canadian retail hits a turning point as expansion, real estate deals, and shifting consumer behaviour reshape performance across the sector.

Daily Synopsis: Apr 16, 2026

Retail Insider -
First Capital REIT acquired as Westons expand retail empire, Skip the Dishes lays off staff and closes delivery service centres in Canada, Canada Post begins ending door-to-door delivery, Doug Ford slams city-run grocery stores, Foot Locker shuts Queen West store in Toronto, and other news.

First Capital REIT acquired in deal worth $9.4 billion

Mario Toneguzzi -
First Capital REIT is being acquired by KingSett Capital and Choice Properties REIT in a $9.4 billion unit and cash deal.

First Capital REIT delivers “solid” financial results with total portfolio occupancy up to 97.1%

Mario Toneguzzi -
First Capital invested approximately $190 million into its properties during 2025, primarily through development, redevelopment, residential inventory and strategic acquisitions.

First Capital REIT reports near record occupancy in Q3

Mario Toneguzzi -
First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.

New Upscale Retail and Dining Coming to Yorkville Village

Craig Patterson -
Yorkville Village in Toronto welcomes new retailers, dining spots, and wellness brands while enhancing its retail mix and introducing prime leasing opportunities.

First Capital REIT reports ‘strong’ financial results

Mario Toneguzzi -
First Capital owns, operates and develops grocery-anchored, open-air centres in neighbourhoods with the strongest demographics in Canada.

Brunello Cucinelli to Annex Former Versace Space in Yorkville

Craig Patterson -
Brunello Cucinelli will expand its Toronto flagship by annexing Versace’s former Yorkville Avenue space, creating one of its largest stores globally.

Versace flagship on Yorkville Avenue in Toronto shutters

Craig Patterson -
Versace's flagship store at 106 Yorkville Avenue has closed, marking a change in Toronto’s luxury retail landscape and Yorkville’s continued evolution.

One Bloor East in Toronto Secures Nike Flagship and Mango as Key Retail Tenants [Exclusive]

Craig Patterson -
First Capital REIT has leased-out the entire retail podium at the iconic Yonge and Bloor corner, including space to another new tenant in the main-floor space formerly occupied by Nordstrom Rack.

Luxury Wellness and Social Club AVANT by Altea Active Opening in Former Nordstrom Rack Space at Bloor and Yonge in Downtown Toronto

Craig Patterson -
The premium hospitality-focused fitness facility will occupy the upper level of Nordstrom Rack at Bloor and Yonge, following Nordstrom's exit from Canada in the spring. 

Inside the New KITH Store on Yorkville Avenue in Toronto [Photos]

Craig Patterson -
The stunning storefront took months to build, features Kith Treats and a restaurant concept from New York City, and could be a game changer for the Bloor-Yorkville area. 

First Capital REIT Launches Program to Help Small Businesses Open Brick-and-Mortar Stores [Interview]

Mario Toneguzzi -
After seeing success with temporary tenants becoming permanent, First Capital is rolling out an innovative new program to support digital businesses going physical.

Liberty Village in Toronto Seeing Ongoing Retail Expansion as New Buildings are Added [Interview]

Mario Toneguzzi -
Landlord First Capital REIT continues to invest in the neighbourhood which is part of the landlord's 'Super-Urban' Strategy for development.
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