First Capital REIT (FCR-UN-T) plans to reorganize its corporate structure by eliminating its real property subsidiary First Capital Realty and moving all of its assets into subsidiary partnerships and trusts, the REIT has announced.
Minority investor TMR Capital has gone public with a campaign to break up Toronto-based Northwest Healthcare Properties REIT (NWH-UN-T), questioning the trust's future in its current form because of the “complexity and geography” of its portfolio.
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