focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFirst Property Share News (FPO)

Share Price Information for First Property (FPO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 19.00
Bid: 18.50
Ask: 19.50
Change: 0.00 (0.00%)
Spread: 1.00 (5.405%)
Open: 19.00
High: 19.00
Low: 19.00
Prev. Close: 19.00
FPO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: First Property completes sale of warehouse in Romania

Mon, 22nd Aug 2022 13:34

First Property Group PLC - London-based property fund manager and investor - Completes the sale of the warehouse it owned in Tureni, Romania, for EUR3.6 million. Says the sale price represents a profit on disposal of about EUR1.2 million, the property having been acquired for EUR2.0 million in 2014. "This profit has been struck after the deduction of costs associated with the sale, capital expenditure incurred on the property during the period of ownership and remaining fitout costs contractually due to be incurred in respect of the property," First Property notes.

Chief Executive Ben Habib says the profit on sale is "an excellent result".

The sale should release about EUR706,000 in cash to First Property after the repayment of EUR2.5 million in bank debt secured against the property, it says.

Current stock price: 29.99 pence, up 3.4% in London on Monday

12-month change: down 5.5%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
16 Sep 2015 15:04

AGM, EGM Calendar - Week Ahead

Read more
10 Aug 2015 11:23

First Property Group sells remaining investment in Fprop

(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 more
10 Aug 2015 06:58

First Property Group Sells Remaining Investment In Brownfield Fund

Read more
11 Jun 2015 11:20

LONDON MIDDAY BRIEFING: Ryanair To Fight On Over Aer Lingus Stake

Read more
11 Jun 2015 10:26

WINNERS & LOSERS: RBS Rises, Royal Mail Sinks On UK Government Moves

Read more
11 Jun 2015 09:35

First Property Group reveals booming profits and dividends as growth continues

First 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 more
11 Jun 2015 08:20

First Property Group Shares Rise As It Reports Strong Growth

Read more
7 Apr 2015 10:57

First Property says full-year results are in line with market forecasts

First 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 more
7 Apr 2015 07:31

REPEAT: LONDON MORNING BRIEFING: IAG Down, Ryanair Up On JPMorgan Ratings

Read more
7 Apr 2015 07:28

LONDON MORNING BRIEFING: IAG Down, Ryannair Up On JPMorgan Ratings

Read more
7 Apr 2015 06:51

First Property Says Full-Year To Meet Market Expectations

Read more
26 Mar 2015 09:44

First Property Group Partnership Sells Remaining Properties

Read more
21 Jan 2015 09:37

First Property Group To Create, Manage New UK Property Fund For Client

Read more
26 Nov 2014 11:46

First Property first-half profits soar

The 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

Read more
24 Sep 2014 08:21

First Property Group Says Funds Under Management Down 5%

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.