Toronto Stock Exchange: FCR.UT

How many employees work at First Capital REIT?

First Capital Real Estate Investment Trust (FCR.UT) has approximately 373 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. First Capital REIT's total headcount has declined 5.5% from 395 employees in 2023 to 373 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published July 2026

First Capital REIT is hiring

Is First Capital REIT hiring right now?

Yes, First Capital REIT is actively hiring. First Capital REIT had 19 active job postings in 2026, a 41.7% decline from 2025 see job openings & hiring trends.

About First Capital REIT's Workforce

First Capital Real Estate Investment Trust (FCR.UT) is a Real Estate and Development company that employs 373 people worldwide as of March 2026. It is the 7th-largest by headcount among its peers. Founded in 1993, the company is headquartered in Trinity-Bellwoods, Canada and trades on the Toronto Stock Exchange.

First Capital REIT's workforce has declined 5.5% from 2023 to 2026, though it is up 1.7% year over year in 2026. It fell to a low of 373 in 2025 Q4 before recovering. Its workforce is concentrated most in Canada (98.0%), followed by the United States (1.7%) and India (0.3%), with India, its fastest-growing location.

First Capital REIT's largest functional groups are Sales and Marketing (38.4%), Finance and Operations (37.0%), and Engineering (24.5%), with Engineering growing fastest (up 1.7%). Median employee tenure is 4.2 years. The average salary is $86,007, highest in Northern America at a median of $67,000.

First Capital REIT's active job postings fell 41.7% in 2026 to 19, with new postings per month cooling from 29 in 2023 to 23 in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

As of March 2026

First Capital REIT
workforce metrics

Headcount

373

1.7% YoY

Avg. Salary

$86k

0.1% YoY

Tenure

4.2yr

0.2yr YoY

Growth Rate

1.7%

4.4pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of First Capital REIT annual worldwide employee count from 2023 to 2026.
  • First Capital REIT had 373 employees in 2026, a 1.7% increase (-1) from 2025.
  • First Capital REIT had 373 employees in 2025, a 0.3% increase (-5) from 2024.
  • First Capital REIT had 378 employees in 2024, a 2.6% decline (-7) from 2023.
  • First Capital REIT had 385 employees in 2023, a 0.1% increase (-3) from 2022.

First Capital REIT's total workforce has declined from 395 employees in 2023 to 373 in 2026.

First Capital Real Estate Investment Trust — quarterly employee count (20232026)

YearQtrEmployeesYoY ChangeYoY %
2026Q1373-1+1.7%
2025Q4373-5+0.3%
2025Q3375-6-0.8%
2025Q2383-5-1.2%
2025Q1374-11-2.7%
2024Q4378-7-2.6%
2024Q3381-6-0.7%
2024Q2388-7+0.3%
2024Q1385+0+1.4%
2023Q4385-3+0.1%
2023Q3387+6-0.2%
2023Q2395+11-2.2%

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Canada accounts for the largest share of First Capital REIT's global workforce with approximately 98% of total employees, followed by the United States and India.

First Capital REIT employees by country — 2026

CountryEmployees% of TotalYoY %
Canada36398.0%-1.6%
United States61.7%-9.5%
India10.3%+0.0%

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First Capital REIT's largest employee groups are Sales and Marketing (38.4%), Finance and Operations (37.0%), and Engineering (24.5%).

First Capital REIT employees by department — 2026

DepartmentEmployees% of TotalYoY %
Sales and Marketing14238.4%-1.3%
Finance and Operations13737.0%-4.3%
Engineering9124.5%+1.7%

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First Capital REIT's average employee salary is $86,007 globally. Employees in Northern America receive the highest compensation.

First Capital REIT median employee salary by region — 2026 (USD)

RegionMedian Salary
Northern America$67,000

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Interactive chart of First Capital REIT annual active job postings from 2023 to 2026.
  • First Capital REIT had 19 active job postings in 2026, a 41.7% decline (+7) from 2025.
  • First Capital REIT had 12 active job postings in 2025, a 34.5% decline (-5) from 2024.
  • First Capital REIT had 17 active job postings in 2024, a 64.0% decline (-16) from 2023.
  • First Capital REIT had 33 active job postings in 2023, a 3.0% decline from 2022.
  • Hiring velocity in 2026: 23 new roles/month, up from 13 in 2025 and 20 in 2024. New metric

First Capital REIT's hiring is slowing: active job postings fell 41.7% in 2026 to 19, with new postings per month cooling from 29 in 2023 to 23 in 2026.

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Revelio Labs tracks employee sentiment across First Capital REIT's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

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How fast is First Capital REIT growing?
In 2026, First Capital REIT's headcount grew 1.7% to 373 employees, down from 374 in 2025.
Where are First Capital REIT employees located?
Most First Capital REIT employees are based in Canada (98.0% of headcount), followed by the United States and India.
What is the average salary at First Capital REIT?
The average employee salary at First Capital REIT is approximately $86k per year.
How many people does First Capital REIT hire per year?
In 2026, First Capital REIT opened roughly 276 new roles — about 23 per month.
When was First Capital REIT founded and where is it headquartered?
First Capital REIT was founded in 1993 and is headquartered in Trinity-Bellwoods, Canada.

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