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News and Press Releases
28 Dec 2016

Investors Chronicle – A quartet of small-cap value plays

“…trading on a modest premium to book value, rated on less than 9x EPS estimates of 5.6p, falling to only 8x EPS estimates for the year to March 2018, and offering a 3.2% prospective dividend yield based on a forecast payout of 1.55p per share, First Property’s shares still rate a great buy in my view and with further upgrade earnings potential in the price for free. Buy.”

News and Press Releases
28 Nov 2016

Investors Chronicle – exploiting strong foreign exchange tailwinds

Simon Thompson says “Investors have yet to fully factor in (house broker Arden’s) massive earnings upgrade…(which is) solely based on rental income from the current portfolio and fund management fees on existing mandates, so the forecast risk is skewed to the upside.” He rates the shares a strong buy and believe his 56p price target could prove conservative. 

Videos
23 Nov 2016

Stocktube: ‘The future is looking bright’ says First Property Chief Ben Habib

Proactive Investors interview with First Property Group CEO Ben Habib.

Audio
23 Nov 2016

Share Radio Breakfast with Sarah Lowther: Interview with Ben Habib (6min 42s)

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Audio
23 Nov 2016

Interim Results for the six months to 30 September 2016 (35mins, 21s)

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News and Press Releases
23 Nov 2016

Proactive Investors – First Property’s attractive divi comfortably covered by recurring earnings

“The quality of our earnings has continued to improve with very nearly all our profits being earned from activities of a recurring nature,” said CEO Ben Habib.

Audio
15 Nov 2016

The Pensions Podcast: Ben Habib, CEO of First Property talks trustee investments (17mins, 38s)

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News and Press Releases
04 Oct 2016

Investors Chronicle – High Fives – First Property major contract win

Simon Thompson reiterates his buy recommendation with a price target of 56p

News and Press Releases
03 Oct 2016

IP Real Estate – BAE Shipbuilding Industries adds £45m to First Property commitment

“The scheme boosted its commitment to UK real estate via First Property Asset Management, from an initial £125, to £170m.”

News and Press Releases
27 Sep 2016

Investors Chronicle – Anomalously priced fund managers

Simon Thompson summarises: ‘Rated on a discount to spot net asset value, trading on just 8 times forward earnings…, and with significant upgrades highly likely in eight weeks’ time, the investment case is very solid. In the circumstances, I rate First Property’s shares a strong buy…ahead of November’s interim results and my initial target price is 56p, coinciding with the all-time high dating back to the end of last year. Buy.’

Opinions
09 Sep 2016

Letter to FT from Ben Habib

“Carney’s calm tested by inaccurate assessments”

Opinions
01 Sep 2016

Fprop CEE Snapshot – Q3 2016

Fprop opinion on Polish & Romanian property markets.