CWYUF - First Capital Realty: Outlook Remains Favorable In 2019
First Capital Realty (FCRGF) (TSX:FCR) owns a portfolio of high-quality properties in Canada’s major urban centers. We think the company’s outlook is favorable in 2019 for the following reasons. First, the company should be able to enjoy favorable economic growth and retail sales growth trends in the four provinces where the company has a large exposure. Second, First Capital Realty has several active development projects that should reach completion in 2019. Third, the company should be able to achieve some interest cost-savings in 2019 as it can renew its debts at lower interest