First Capital Real Estate Investment Trust (FCXXF) Q1 2025 Earnings Conference Call Transcript

First Capital Real Estate Investment Trust (OTC:FCXXF) Q1 2025 Earnings Conference Call May 7, 2025 2:00 PM ET

Company Participants

Alison Harnick – SVP, General Counsel & Corporate Secretary

Adam Paul – President & CEO

Neil Downey – EVP, Enterprise Strategies & CFO

Jordie Robins – EVP & COO

Conference Call Participants

Lorne Kalmar – Desjardins
Gaurav Mathur – Green Street
Sam Damiani – TD Cowen
Brad Sturges – Raymond James
Pammi Bir – RBC Capital Markets
Matt Kornack – National Bank Financial

Operator

Good afternoon. Thank you for standing by. Welcome to the Q1 2025 Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions] I would now like to turn the meeting over to Alison. Please proceed with your presentation.

Alison Harnick

Thank you and good afternoon.

In discussing our financial and operating performance and responding to your questions during today’s call, we may make forward-looking statements. These statements are based on our current estimates and assumptions, many of which are beyond our control and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these statements.

A summary of these underlying assumptions, risks, and uncertainties is contained in our securities filings, including our MD&A for Q1 and for the year ended December 31, 2024, and our current AIFs, which are available on SEDAR+ and our website. These forward-looking statements are made as of today’s date and, except as required by law, we undertake no obligation to publicly update or revise any such statements.

During today’s call, we will also be referencing certain non-IFRS financial measures. These do not have standardized meanings prescribed by IFRS and should not be considered as alternatives to net income

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