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Share Price Information for First Property (FPO)

London Stock Exchange
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Share Price: 19.25
Bid: 19.00
Ask: 19.50
Change: 0.00 (0.00%)
Spread: 0.50 (2.632%)
Open: 19.25
High: 19.25
Low: 19.25
Prev. Close: 19.25
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First Property taps into housing market with investment tie-up

Thu, 24th Oct 2013 13:12

Commercial property fund manager First Property Group (Fprop) is hoping to tap into the Government's support for the housing market and the impact this is having on the residential development market through a new partnership with clients of an unnamed global investment business.The closed-ended tie-up will invest in empty UK office buildings with a view to converting them into housing.Clients of the investment business have agreed to stump up £12m initially with the intention to raise that to £40m within three months. Fprop will commit 5% of the total equity raised, up to a £2m limit.Fprop will manage the new investment vehicle and will be paid 20% of the partnership's profits. Chief Executive Ben Habib said: "Central Government support for the creation of new housing and its support of the housing market generally mean that the environment for residential development is better now than it has been for many years."Shares in the company were up 2.7% at 23.75p at 13:19 on Thursday. TB
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3 Apr 2018 15:31

DIRECTOR DEALINGS: First Property Chief Executive Buys Shares

LONDON (Alliance News) - First Property Group PLC said Tuesday Chief Executive Officer Ben Habib acquired a total of 150,000 shares in the company in two transactions last and

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13 Feb 2017 07:57

First Property Group to buy Poland office building for €23m

(ShareCast News) - AIM-listed investor First Property Group has, along with a club of investors, agreed to buy Pilot Tower, a recently built office building in Krakow, Poland, for about €23m. Completion of the deal, which is subject to receiving a ruling on the tax treatment of the transaction, is e

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13 Feb 2017 07:51

First Property Snaps Up Krakow Office Building For EUR23 Million

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16 Jan 2017 12:34

First Property Group creates new fund with Oxbridge colleges

(ShareCast News) - Fund manager First Property Group has created a new £15.2m fund, Fprop UK Special Opportunities, with the universities of Oxford and Cambridge to invest in commercial property. Christ Church and St Catherine's College from Oxford, along with Robinson College from Cambridge, have c

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20 Sep 2016 09:09

Lack of land availability drags on smaller housebuilders

(ShareCast News) - The biggest barrier for two-thirds of small and medium sized building firms was the lack of available land, according to a new industry survey, which has resulted in a skewing of the market towards larger operators in recent decades. For the second year in a row, small and medium-

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9 Jun 2016 08:02

First Property Profit Slips On Weakening Euro, But Markets Buoyant

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6 Jun 2016 15:02

UK Earnings, Trading Statements Calendar - Next 7 Days

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21 Apr 2016 08:40

First Property Funds Rank Number One Against Benchmark

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18 Apr 2016 08:32

First Property Group Expects To Post In-Line Results For Full Year

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31 Mar 2016 08:02

First Property Invests In EUR24 Million Polish Shopping Centre

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24 Feb 2016 08:23

First Property Group Fund Life Extended By Five Years To 2022

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15 Feb 2016 15:13

Director dealing: Shire board shell out

(ShareCast News) - With Shire shares almost £20 short of last year's all-time high, the drug developer's chairwoman, chief executive and a clutch of senior directors have splashed some cash to show what they think of the valuation. Seven board members put their money where their mouths were, having

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7 Jan 2016 08:26

First Property Invests In Nine Lidl Supermarkets In Romania

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26 Nov 2015 08:32

First Property Group Eyes Polish Property Investments

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19 Nov 2015 16:12

Earnings, Trading Statements Calendar - Week Ahead

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