First Property Group PLC - London-based property fund manager and investor - Reports underlying trading profit for year to March 31 tipped to be "in line with market forecasts". First Property adds: "Nearly one third of the vacant office space in Warsaw and Gdynia, which the group acquired in 2021 and 2022, and which totalled some 20,000 square metres, has been leased. Tenant demand remains steady in both cities. The rapid increase in interest rates from near zero in 2021 has naturally impacted property values. The group has been shielded from much of this by its accounting policy of holding properties at the lower of cost or value." First Property expects to report a loss for the first-half of the financial year, however. Fprop Opportunities PLC, a fund invested in five commercial properties in Poland, saw properties it owns decrease in value by GBP2.2 million, of which First Property's share amounted to GBP816,000. Read More
(Alliance News) - First Property Group PLC on Monday said it has leased a further 512 square metres or 3.7% of its office building in Gdynia, Poland to freight company Alfa Forwarding Ltd. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
(Alliance News) - First Property Group PLC on Tuesday said it signed two new leases at an office property in Cluj-Napoca, Romania. Read More
(Alliance News) - First Property Group PLC on Wednesday said it has leased 2,100 square metres of Blue Tower, Warsaw. Read More
First Property Group PLC - London-based property fund manager and investor - Posts revenue of GBP7.2 million for year ended on March 31, down 25% from GBP9.6 million the year before. Pretax profit is down by 65% to GBP2.5 million from GBP7.1 million, as operating profit decreases to GBP2.0 million from GBP6.1 million the year before. Basic earnings per share drops to 1.73 pence from 6.14p a year earlier. Declares total dividend of 0.50p per share, unchanged from a year prior. Read More
<div class="kv-propertyview-value view-field en kv-propertiesview-container"><table style="width: 487px;" border="0" cellspacing="0" cellpadding="0"><colgroup><col width="261" /> <col width="226" /> </colgroup><tbody><tr><td class="xl67" width="261" height="20"><strong>Friday 16 June</strong></td><td width="226"> </td></tr><tr><td height="20">Peel Hunt Ltd</td><td>Full Year Results</td></tr><tr><td height="20">Record PLC</td><td>Full Year Results</td></tr><tr><td height="20">S-Ventures PLC</td><td>Full Year Results</td></tr><tr><td height="20">Tesco PLC</td><td>Trading Statement</td></tr><tr><td class="xl66" height="20"><strong>Monday 19 June</strong></td><td> </td></tr><tr><td height="20">Finsbury Food Group PLC</td><td>Trading Statement</td></tr><tr><td height="20">Triple Point Energy Transition PLC</td><td>Full Year Results</td></tr><tr><td height="20">Utilico Emerging Markets Trust PLC</td><td class="xl68">Full Year Results</td></tr><tr><td class="xl66" height="20"><strong>Tuesday 20 June</strong></td><td> </td></tr><tr><td height="20">Enteq Technologies PLC</td><td>Full Year Results</td></tr><tr><td height="19">Gear4Music PLC</td><td>Full Year Results</td></tr><tr><td height="20">IG Design Group PLC</td><td>Full Year Results</td></tr><tr><td height="20">Intercede Group PLC</td><td>Full Year Results</td></tr><tr><td height="20">SThree PLC</td><td class="xl68">Trading Statement</td></tr><tr><td height="20">Monks Investment Trust PLC</td><td class="xl68">Full Year Results</td></tr><tr><td class="xl66" height="20"><strong>Wednesday 21 June</strong></td><td> </td></tr><tr><td class="xl68" height="20">Berkeley Group Holdings PLC</td><td>Full Year Results</td></tr><tr><td height="20">Halfords Group PLC</td><td>Full Year Results</td></tr><tr><td height="20">Liontrust Asset Management PLC</td><td>Full Year Results</td></tr><tr><td class="xl67" width="261" height="20"><strong>Thursday 22 June</strong></td><td> </td></tr><tr><td height="20">Alpha Financial Markets Consulting PLC</td><td>Full Year Results</td></tr><tr><td height="20">Cordiant Digital Infrastructure Ltd</td><td>Full Year Results</td></tr><tr><td height="20">DS Smith PLC</td><td>Full Year Results</td></tr><tr><td height="20">First Property Group PLC</td><td>Full Year Results</td></tr><tr><td height="20">Manolete Partners PLC</td><td>Full Year Results</td></tr><tr><td height="20">Mulberry Group PLC</td><td>Full Year Results</td></tr><tr><td height="20">NCC Group PLC</td><td>Trading Statement</td></tr><tr><td height="20">Serco Group PLC</td><td>Trading Statement</td></tr><tr><td height="20">Speedy Hire PLC</td><td>Full Year Results</td></tr><tr><td height="20">Urban Logistics REIT PLC</td><td class="xl68">Full Year Results</td></tr><tr><td height="20">Volex PLC</td><td>Full Year Results</td></tr><tr><td height="20">Whitbread PLC</td><td class="xl68">Trading Statement</td></tr><tr><td height="20">XPS Pensions Group PLC</td><td>Full Year Results</td></tr></tbody></table><p> Read More
First Property Group PLC - London-based property fund manager and investor - Signs a new seven-year lease for space in its wholly owned office building in Bucharest, Romania. The building is now fully leased, up from 83% leased previously. Says that, following the new lease, the net operating income from the property will go up by 7% from around EUR300,000 per annum to around EUR325,000. Read More
(Alliance News) - First Property Group PLC on Wednesday celebrated the launch of its senior loan making platform, designed to help finance and refinance commercial property. Read More
(Alliance News) - First Property Group PLC on Tuesday said that it has restructured the loan secured against Galeria Corso, in which it is a shareholder. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
First Property Group PLC - London-based property fund manager and investor - Signs two new leases for 1,472 squared metres in total at Pilot Tower, Krakow, an office property in which it has an 18% interest via its shareholding in Fprop Krakow Ltd. Says the building is now 73% leased, having lost its main tenant Ringier Axel Springer Podolska in July 2021, during Covid-19 lockdown. Read More
First Property Group PLC - UK property fund manager and investor - Reports EUR1.7 million loan has been obtained by E & S Estates Ltd of which it owns 89%. Says loan secured on a supermarket in Praga, a suburb of Warsaw, Poland worth EUR3.4 million, implying loan to value ratio of around 50%. Forecasts net income from property of EUR160,000, a return on equity of 9% annually. Notes group cash following this refinancing amounts to GBP8.5 million. Read More
(Alliance News) - First Property Group PLC on Wednesday celebrated the sale of two supermarkets in Poland, via consolidated undertaking, for a total of EUR6.2 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Alliance News) - First Property Group PLC on Monday said it has signed a five-year lease on part of its office building in Lublin, eastern Poland. Read More