News and Press Releases

General piece by Jan Cienski on the divergent fortunes of the differing CEE economies, in which he quotes Fprop CEO Ben Habib.

by Simon Packard.

IPE Real Estate.

Property Week.

Broker Snap – on launch of Fprop Opportunities plc (FOP).

“…Shares says buy ishares MSCI Investable Market Index Fund at $25.24, Market Vectors Poland ETF at $21.08 and First Property Group at 18.5p.”

“…First Property has more foresight and zip than most UK property companies and we continue to rate the shares a buy for income.”

“Poland-focused First Property Group says it has come through a testing year profitable and in very good shape. Directors say pre-tax profits for the year to March should come out in line with market expectations”.

Daniel Thomas reports on launch of UK Pension Property Portfolio (UK PPP LP), FPAM’s new fund established on behalf of 3 pension fund clients of Stamford Associates.

“…The shares are forecast to pay out a dividend yield of 7 per cent, covered almost three times, and First Property’s solid and dependable revenue streams should make this a fairly secure bet…”