{
 "as_of": "2026-11-06",
 "cmr": "ca-cm-kg/TSX/FCR.UN",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# First Capital Real Estate Investment Trust (TSX: FCR.UN) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is First Capital Real Estate Investment Trust, listed on the TSX under ticker FCR.UN, with ISIN CA31890B1031 and LEI 54930042UG2WCIIAQZ39. Its security type is Income Trust, its segment is not on the record, its sector is Real Estate, and its jurisdiction is Canada (federal) (CA). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 4 filings in the twelve months to 2026-11-06, on 4 filing days, of which 3 are financial statements and 1 is a newswire release. The median gap between filing days is 77 days. The latest filing is a financial statement dated 2026-10-21, 16 days before the record date. The TSX median cadence gap is 16 days across 2270 issuers, with a median of 0.0 filings and a median latency of 3.0 days. The Real Estate sector median cadence gap is 21.5 days across 73 issuers, with a median of 8 filings and a median latency of 16 days.\n\n## Auditor\n\nThe auditor of record is Ernst & Young LLP, with location not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, name change, domicile change or segment move lines. The halt flag is listed, not halted.\n\n## Orderability\n\nUnder the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, the outcome for Paragraph (o) of the definition is signal ACM-200, determinable. The outcome for Paragraph (q) of the definition is signal ACM-200, determinable. The chapter is as of 2026-11-04.\n\n## Coverage\n\nThe record holds no research houses named on the issuer's investor-relations page, as none was found on the pages read.\n\n## Open research\n\nThe record holds no openly published research notes, as none was found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.\n\n## Sources\n\n9 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.tsx.com/json/company-directory/search/tsx/^* (identity.exchange)\n- https://www.marketscreener.com/news/first-capital-real-estate-investment-trust-sustainability-policy-fcr-sustainability-policy-2026-ce7e5adfd880f323 (identity.isin)\n- https://api.gleif.org/api/v1/lei-records/54930042UG2WCIIAQZ39 (identity.jurisdiction)\n- https://www.tsx.com/en/resource/571 (identity.sector)\n- https://mcp.ca-cm-kg.ai/events/TSX/FCR.UN (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://fcr.ca/wp-content/uploads/2026/02/2026-First-Capital-REIT-AIF-v.FINAL_.pdf (the auditor)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/TSX/FCR.UN (the record)\n",
 "market": "CA",
 "node": "ca-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": "2026-09-10",
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false,
   "store_years_sealed_not_served": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ]
  },
  "auditor": {
   "auditor": {
    "read_by": "Tavily regex",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://fcr.ca/wp-content/uploads/2026/02/2026-First-Capital-REIT-AIF-v.FINAL_.pdf",
    "state": "sourced",
    "value": "Ernst & Young LLP"
   },
   "auditor_firm_id": {
    "market": "CA",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "CA",
    "state": "not_on_record"
   },
   "changes": []
  },
  "cmr": "ca-cm-kg/TSX/FCR.UN",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 2270,
     "median_cadence_gap_days": 16,
     "median_filings": 0,
     "median_latency_days": 3,
     "name": "TSX"
    },
    "sector": {
     "issuers": 73,
     "median_cadence_gap_days": 21.5,
     "median_filings": 8,
     "median_latency_days": 16,
     "name": "Real Estate"
    }
   },
   "by_type": {
    "financial_statement": 3,
    "newswire_release": 1
   },
   "cadence_median_gap_days": 77,
   "filing_days": 4,
   "filings": 4,
   "latency_days": 16,
   "latest": [
    {
     "category": null,
     "date": "2026-10-21",
     "source": "https://www.prnewswire.com/news-releases/first-industrial-realty-trust-reports-third-quarter-2026-results-302915998.html",
     "title": "First Industrial Realty Trust Reports Third Quarter 2026 Results",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-10-14",
     "source": "https://www.prnewswire.com/news-releases/cliffwater-cascade-real-assets-fund-surpasses-1-billion-in-net-assets-in-first-month-since-launch-302908627.html",
     "title": "Cliffwater Cascade Real Assets Fund Surpasses $1 Billion in Net Assets in First Month Since Launch",
     "type": "newswire_release"
    },
    {
     "category": null,
     "date": "2026-04-22",
     "source": "https://www.prnewswire.com/news-releases/first-industrial-realty-trust-reports-first-quarter-2026-results-302750853.html",
     "title": "First Industrial Realty Trust Reports First Quarter 2026 Results - PR Newswire",
     "type": "financial_statement"
    },
    {
     "category": null,
     "date": "2026-02-04",
     "source": "https://www.prnewswire.com/news-releases/first-industrial-realty-trust-reports-fourth-quarter-and-full-year-2025-results-302679489.html",
     "title": "FIRST INDUSTRIAL REALTY TRUST REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS - PR Newswire",
     "type": "financial_statement"
    }
   ],
   "latest_filing_date": "2026-10-21",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/FCR.UN",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "TSX"
   },
   "isin": {
    "read_by": "Tavily search + regex extraction from page text",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.marketscreener.com/news/first-capital-real-estate-investment-trust-sustainability-policy-fcr-sustainability-policy-2026-ce7e5adfd880f323",
    "state": "sourced",
    "value": "CA31890B1031"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) · adjudicated by Claude",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/54930042UG2WCIIAQZ39",
    "state": "filled",
    "value": "Canada (federal) (CA)"
   },
   "lei": {
    "read_by": "GLEIF name-exact",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/54930042UG2WCIIAQZ39",
    "state": "filled",
    "value": "54930042UG2WCIIAQZ39"
   },
   "name": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "First Capital Real Estate Investment Trust"
   },
   "sector": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Real Estate"
   },
   "security_type": {
    "read_by": "TMX listed-companies workbook (exchange list, monthly; data month named in the source column)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/en/resource/571 (tsx-and-amp-tsxv-listed-companies-2026-08-14-en.xlsx, data as of 31-Jul-2026)",
    "state": "sourced",
    "value": "Income Trust"
   },
   "segment": {
    "market": "CA",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "tsx.com company directory (exchange list)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.tsx.com/json/company-directory/search/tsx/^*",
    "state": "sourced",
    "value": "FCR.UN"
   },
   "website": {
    "market": "CA",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": [],
   "listing": [],
   "name_change": [],
   "segment_move": []
  },
  "market": "CA",
  "node": "ca-cm-kg",
  "numbers_hash": "sha256:fecaaf18b37b8febac5362a6cacc0aa528c283efc248862c188fd65776fbe5c4",
  "open_research": {
   "read_date": "2026-11-12",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Paragraph (o) of the definition",
    "Paragraph (q) of the definition"
   ],
   "outcomes": {
    "Paragraph (o) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Paragraph (q) of the definition": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json",
    "door": "https://mcp.ca-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1",
   "section": "ca.aio.v11"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.ca-cm-kg.ai/record/TSX/FCR.UN",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:fecaaf18b37b8febac5362a6cacc0aa528c283efc248862c188fd65776fbe5c4",
 "path": "/ca/TSX/FCR.UN",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is First Capital Real Estate Investment Trust, listed on the TSX under ticker FCR.UN, with ISIN CA31890B1031 and LEI 54930042UG2WCIIAQZ39. Its security type is Income Trust, its segment is not on the record, its sector is Real Estate, and its jurisdiction is Canada (federal) (CA). Its listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 4 filings in the twelve months to 2026-11-06, on 4 filing days, of which 3 are financial statements and 1 is a newswire release. The median gap between filing days is 77 days. The latest filing is a financial statement dated 2026-10-21, 16 days before the record date. The TSX median cadence gap is 16 days across 2270 issuers, with a median of 0.0 filings and a median latency of 3.0 days. The Real Estate sector median cadence gap is 21.5 days across 73 issuers, with a median of 8 filings and a median latency of 16 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Ernst & Young LLP, with location not on the record. The record holds no auditor changes.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting, name change, domicile change or segment move lines. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "Under the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, the outcome for Paragraph (o) of the definition is signal ACM-200, determinable. The outcome for Paragraph (q) of the definition is signal ACM-200, determinable. The chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The record holds no research houses named on the issuer's investor-relations page, as none was found on the pages read.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "The record holds no openly published research notes, as none was found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. The live record began on 2026-09-10. Years 2021 through 2026 are sealed in the store but not served as of a date, and the as-of door answers not_sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "9 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.tsx.com/json/company-directory/search/tsx/^*"
  },
  {
   "for": "identity.isin",
   "source": "https://www.marketscreener.com/news/first-capital-real-estate-investment-trust-sustainability-policy-fcr-sustainability-policy-2026-ce7e5adfd880f323"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/54930042UG2WCIIAQZ39"
  },
  {
   "for": "identity.sector",
   "source": "https://www.tsx.com/en/resource/571"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.ca-cm-kg.ai/events/TSX/FCR.UN"
  },
  {
   "for": "the halt flag",
   "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100"
  },
  {
   "for": "the auditor",
   "source": "https://fcr.ca/wp-content/uploads/2026/02/2026-First-Capital-REIT-AIF-v.FINAL_.pdf"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.ca-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.ca-cm-kg.ai/record/TSX/FCR.UN"
  }
 ],
 "title": "First Capital Real Estate Investment Trust (FCR.UN) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}