First Capital REIT Announces July 2023 Distribution

TORONTO, July 17, 2023 /CNW/ - First Capital REIT ("First Capital") (TSX: FCR.UN) announced today that it will make a cash distribution of $0.072 per REIT unit for the month of July, representing approximately $0.86 per REIT unit on an annualized basis. The distribution will be paid on August 15, 2023 to unitholders of record as at July 31, 2023.

About First Capital REIT (TSX: FCR.UN)

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

www.fcr.ca  TSX: FCR.UN

SOURCE First Capital Real Estate Investment Trust

Neil Downey, Executive Vice President, Enterprise Strategies & CFO, [phone], [email protected]