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Firm Capital Property Trust Company Overview

Firm Capital Property Trust (the “Trust”) is focused on creating long-term value for unitholders through capital preservation and disciplined investing to achieve stable distributable income.

In partnership with management and industry leaders, the Trust’s focus is on co-owning a diversified property portfolio which includes real estate asset types such as multi-residential, industrial, net lease convenience retail and core service provider professional space. In addition to stand alone acquisitions, the Trust will make acquisitions on a

co-ownership basis with strong financial partners. The Trust will also make joint and partial interest acquisitions from existing ownership groups in a manner that provides liquidity to those selling and professional management for those remaining as partners. The Trust is externally asset and property managed.

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MARKET FACTS

TSX: ( )
(Market data delayed by 15 minutes)
YIELD: 8.92%
(as at October 31, 2024)
UNITS OUTSTANDING: 36,925,682
DIVIDEND POLICY: Monthly
ELIGIBILITY: RRSP, RRIF, RESP, TFSA, RDSP, DPSP

Section

Investment Overview

Attractive Yield & Reasonable Leverage

Attractive and stable monthly cash distributions from opportunistic and co-ownership acquisitions
Distributions at $0.52/unit annually or $0.043333/unit monthly
Target AFFO payout ratio of approximately 85-95%
Targeted Debt to Gross Book Value of 55% to 65%, currently 52%

Alignment of Interests

Stand alone acquisitions and co-ownership with existing ownership groups through partial acquisitions with industry leaders
Senior management, trustees and other industry sector owners will have the option to co-invest in each acquisition

Experienced Management Team

Investors will benefit with a management team and board that has extensive experience in real estate acquisitions, management and finance

Joint Venture Opportunities

In addition to stand alone acquisitions, Firm Capital Property Trust is actively seeking joint venture platforms with local real estate partners to combine their specific experience with Firm Capital’s investment approach and to benefit mutually through the growth of this platform. The Trust seeks joint venture acquisition opportunities in the following real estate asset classes:

Multi-residential
Industrial
Retail
Core service provider professional real estate

If you are interested in aligning your interests with the Trust and have a joint venture opportunity, please contact us.

Financial Reports

Tax Information

Firm Capital Property Trust pays a monthly distribution to its Unitholders of which a portion is taxable.

DRIP

Firm Capital Property Trust offers its registered unitholders the opportunity to participate in its Distribution Reinvestment Plan (the “DRIP”) and Unit Purchase Plan. The DRIP allows participants to have their monthly cash distributions reinvested in additional units of Firm Capital Property Trust at the five day weighted average price. Furthermore, Unitholders registered in the plan will receive a right to purchase, at market, additional units provided that such investment is limited to $12,000.00 per year and purchases per month of not less than $1,000.00.

For more information on the Distribution Reinvestment Plan and Unit Purchase Plan, please read the PDF files posted below. If you would like to participate in the plan, please return your completed enrollment Form to your investment advisor, or to the attention of:

Firm Capital Property Trust
c/o TSX Trust Company
301 – 100 Adelaide St W
Toronto, Ontario M5H 4H1
Attention: DRIP Department Inc.
Facsimile: (416) 361-0470

If you need further assistance, please contact Sandy Poklar at (416) 635-0221 or spoklar@firmcapital.com

Analyst Coverage

Firm Capital Property Trust is covered by the following analysts:

Analyst	Brokerage	Email
Mark Rothschild	Canaccord Genuity Capital Markets	mrothschild@cgf.com

* Disclaimer: Any opinions, estimates or forecasts regarding Firm Capital Property Trust’s performance and any other information regarding Firm Capital included in the above research reports do not represent the opinions, estimates, forecasts, beliefs or views of Firm Capital or its management. Firm Capital does not, by its posting of the research reports published or otherwise, imply any endorsement of or concurrence with any information, conclusion or recommendations included in such reports or of the analysts who authored such reports.

Management Team

Our management team consists of dedicated professionals with extensive backgrounds in real estate lending as well as investment banking, capital markets, accounting and law.

Press Releases

Stay up-to-date with the latest news on Firm Capital Property Trust. View all our announcements and press releases including information about our services and financials.

Information Request

Sandy Poklar
163 Cartwright Avenue
Toronto, Ontario M6A 1V5
Tel: (416) 635-0221
Email: fcpt@firmcapital.com

Firm Capital Property Trust Company Overview

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