A battle is brewing between First Capital REIT, one of Canada's largest retail landlords, and an institutional shareholder that wants major changes at the board level of the real estate investment trust. First Capital, meanwhile, has its own objections to the activist investor and its ties to the REIT's former CEO and trustee Dori Segal.
Activist Investor Takes Aim at First Capital REIT, Calls for Board Shake-Up
Ewing Morris Requests One of Canada's Largest Retail REITs To Immediately Halt Asset Sales
By Garry Marr
CoStar News
October 7, 2022 | 8:10 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- King High Line
1100 King St, Toronto, ON
- Companies
- First Capital REIT
Real Estate