Date: 14 October 2011
On behalf of: First Property Group plc ("First Property", the "Company" or the "Group")
Embargoed for: 0700hrs
First Property Group plc
Notice of Interim Results
First Property Group plc (AIM: FPO), the commercial property fund management group, will announce its interim results for the six months ended 30 September 2011 on Tuesday 29 November 2011.
An analysts' briefing will be held at 0930hrs at the offices of Redleaf Polhill, 11-33 St John Street, London EC1M 4AA. A facility to join by conference call will also be available on +44 208 817 9301, a recorded copy of which will be posted on the company website, www.fprop.com.
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For further information please contact:
First Property Group plc |
Tel: 020 7340 0270 |
Ben Habib (Chief Executive) |
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Jeremy Barkes (Director, Business Development)
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Arden Partners |
Tel: 020 7614 5900 |
Chris Hardie (Director, Corporate Finance ) |
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Redleaf Polhill |
Tel: 020 7566 6750 |
Mike Ward |
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 No.1 versus the Investment Property Databank (IPD) Benchmarks for Central & Eastern Europe (CEE) and for Poland for the five year period to 31 December 2010.
The business model of First Property Group is to:
· Raise third party funds to invest in income producing commercial property;
· Co-invest in these funds;
· 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;
· Earn a return on its own capital invested in these funds.
Further information about the Company and its products can be found at: www.fprop.com.