First Capital Realty Inc. is an owner, developer and operator of supermarket and drugstore-anchored neighborhood and community shopping centers, located predominantly in metropolitan areas. As of December 31, 2008, the Company owned interests in 171 properties, including five under development, totaling approximately 20 million square feet of gross leasable area and six land sites in the planning stage for retail development. The Company also invests in the United States through its holding in Equity One, Inc. (Equity One). Equity One is a real estate investment trust specializing in the acquisition, asset management, development and redevelopment of retail properties located in metropolitan areas across the United States. As of December 31, 2008, the Company held a 18.5% interest in Equity One. Including its investment in Equity One, the Company has interests in 327 properties totaling approximately 36 million square feet of gross leasable area.
(Source: ARS) – less–ZoomInfo