Notice of Interim Results

RNS Number : 9032U

First Property Group PLC

25 October 2010

 



Date:                           25 October 2010

On behalf of:               First Property Group plc ("First Property" or the "Group")

Embargoed for:           0700hrs

First Property Group plc

Notice of Interim Results

First Property Group plc (AIM: FPO), the AIM-listed property fund management group, will announce its interim results for the six months ended 30 September 2010 on Tuesday 30 November 2010.

An analysts' briefing will be held at 0930hrs at the offices of Redleaf Communications, 11-33 St John Street, London EC1M 4AA. A facility to join by conference call will also be available on [phone], a recorded copy of which will be posted on the company website, www.fprop.com.

-Ends-

For further information contact:

First Property Group plc	Tel: [phone]
Ben Habib (Chief Executive) Jeremy Barkes (Director, FJB Capital Advisers)	www.fprop.com
Arden Partners	Tel: [phone]
Chris Hardie (Director Corporate Finance )
Redleaf Communications	Tel: [phone]
Adam Leviton	[e-mail]

Notes to investors and editors     

·     First Property Group plc is a commercial property fund manager with operations in the United Kingdom and Central Europe. The performance of its funds under management ranked #1 versus the IPD benchmarks for CEE and Poland for the 4 year period to 31 December 2009.

·     The principal business model of First Property Group can be summarised as follows:

o  raise third party funds to invest in income producing commercial property;

o  co-invest in these funds;

o  earn fees for the management of these funds. Fees earned are a function of the value of assets under management as well as the performance of the funds;

o  earn a return on its own capital invested in these funds.

·     It also has a 60% shareholding in a mechanical & electrical (M&E) installation and maintenance contractor, First Property Services Limited.

·      Further information about the Company and its products can be found at: www.fprop.com

 

END

 

 

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