First Capital REIT
First Capital REIT is a prominent Canadian public real estate investment trust based in Toronto, Ontario. Established in 1994 and rebranded in 2019, the company specializes in owning, operating, and developing grocery-anchored open-air retail centers. With a portfolio of 139 neighborhoods totaling 22.2 million square feet of gross leasable area, First Capital REIT is one of the largest retail landlords in Canada, managing assets valued at approximately $9.2 billion. The company focuses on mixed-use urban real estate in densely populated areas, aiming to create vibrant neighborhoods that benefit businesses, residents, and communities. Its core activities include leasing retail spaces to a diverse range of tenants, property management, and sustainable real estate development. First Capital REIT operates across several provinces, including Ontario, Alberta, Quebec, and British Columbia, and emphasizes community-oriented projects that support economic and social vitality.
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Headcount trend
First Capital REIT went from 322 employees in Jul 2023 to 321 in Jun 2025. Jan to Jun 2025: 21 people joined, 10 left.
Headcount data through Jun 2025
Org structure
Headcount by department
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First Capital REIT FAQ
How many employees does First Capital REIT have?
First Capital REIT has about 321 employees, up 4.6% over the 3 months to Jun 2025.
What is First Capital REIT's revenue per employee?
First Capital REIT makes about $2.33M in revenue per employee, based on $746.68M annual revenue and 321 employees.
Is First Capital REIT a public company?
Yes. First Capital REIT is publicly traded under the ticker FCR on TSX.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.