Hazelton Hotel Part of First Capital’s $184M T.O., Montreal Asset Sales

April 11, 2023

Hennick & Company acquiring Toronto’s Hazelton Hotel, ONE Restaurant as part of the divestments.

With a recent proxy battle in the rearview mirror, First Capital REIT (FCR-UN-T) has returned to the execution of its optimization strategy, announcing firm agreements to sell four Toronto and Montreal properties for $184 million.

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