First Property placement
1 x 2 Week Commercial Property Placement
First Property Group plc is an award winning property fund manager and investor with operations in the United Kingdom and Central Europe. Its focus is on higher yielding commercial property with sustainable cash flows. The company is flexible and takes an active approach to asset management. Its earnings are derived from:
Fund management - via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in property. FPAM currently manages eleven funds which are invested across the United Kingdom, Poland and Romania.
Group Properties - principal investments by the Group to earn a return on its own capital, usually in partnership with third parties. Investments include nine directly held properties in Poland and Romania and interests in nine of the twelve funds managed by FPAM.
FPAM funds rank No.1 versus MSCI’s Central & Eastern European (CEE) Benchmark for the twelve years from the commencement of its operations in Poland in 2005, and for the annualised periods from 2005 to the end of each of the years from 31 December 2008.
Listed on AIM the Company has offices in London, and Warsaw and Bucharest. Further information about the Company and its products can be found at: www.fprop.com.
First Property will cover local travel expenses.
With thanks to Jeremy Barkes and Ben Habib (M 79-84)