July 27 (Reuters) - Firm Capital Property Trust FCD_u.V :
* Announces the acquisition of a 70% interest in an industrial portfolio and 5%
distribution increase
* Deal for about C$43.3 million
* Property -entire portfolio is being financed through the assumption of a
$29.0 million first mortgage at a 2.95% interest rate
* Deal also financed through existing cash resources
* Says trust will be increasing its annualized cash distribution by 5% to $0.42
per trust unit per annum
* Source text for Eikon ID:nCNWh0mZHa
* Further company coverage FCD_u.V