(ShareCast News) - First Property Group sold its last remaining investment in Fprop, an office park in Uxbridge. The sale will result in a £1m contribution in profits to the company's full-year results, and follows the fulfilment of certain conditions discussed at the time of an exchange of contract
Read moreFirst Property Group unveiled strong profit in its full-year results, underscored by surging earnings and continued asset expansion in Poland and Romania. The property fund manager, which operates in the UK as well as in central Europe, reported a 22.4% jump in pre-tax profit to £8.08m in the 12 mon
Read moreFirst Property Group said on Tuesday it expects full-year profits to be in line with expectations thanks to new investments. The property fund manager revealed it holds £12m in cash, with £3m being held by Fprop Opportunities, a Polish fund where First Property holds a majority stake. Chief executi
Read moreThe sale of six properties and gains from asset appreciation strongly boosted First Property Group's pre-tax profit in the first half of 2014, although the AIM-listed company said opportunities in the UK were becoming less plentiful. The firm said that its pre-tax profit for the six months to the en
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