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Firm Capital Property Trust reports 5% NOI growth and improved AFFO payout in Q1 2026.

Company Fundamentals
07 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Firm Capital Property Trust announced a 5% increase in Net Operating Income (NOI) to $9.9 million for Q1 2026 compared to Q1 2025, alongside a 10% rise in Adjusted Funds From Operations (AFFO) per unit. The trust maintained strong occupancy rates across its commercial, multi-residential, and manufactured home communities, with a conservative debt profile at 49.8% of gross book value. Monthly distributions of $0.0433 per unit were declared for the next three months, reflecting stable income for unitholders. The trust's diversified portfolio and improved AFFO payout ratio to 101% signal financial resilience and steady growth potential.

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