21st Apr 2016 08:40
LONDON (Alliance News) - First Property Group PLC on Thursday said the investment performance of its funds under management in Poland and in Central Europe ranked in first place against its benchmark for the ten years since operations commenced in Poland.
The property fund manager commenced operations in Poland in 2005. Its benchmark is the MSCI Investment Property Databank Central & Eastern Europe.
"I am delighted that our investment performance has once again ranked top amongst our peer group. Our consistently strong returns are a testament both to our detailed local knowledge and our disciplined policy of investing in higher yielding assets offering sustainable income streams. Our strategy has remained consistent and we look forward to continuing to provide value for our shareholders and clients," Chief Executive Ben Habib said in a statement.
Shares in First Property were trading up 0.3% at 45.90 pence on Thursday morning.
By Karolina Kaminska; [email protected] @KarolinaAllNews
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