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First Property Records Increase In Funds Under Management

9th Sep 2019 11:33

(Alliance News) - First Property Group PLC said Monday ahead of its annual general meeting that it has continued to trade well and in line with expectations in the first half of its financial year.

The property fund manager said that third-party funds under management as at July 31 stood at GBP617 million, up 1.0% from GBP611 million at the end of March.

Total funds under management, including group properties, come up to GBP716 million as at the end of July, up 1.4% from GBP706 million as at March 31.

First Property Group will publish its results for the six months ending September 30 on November 21.

Shares in First Property Group were down 2.1% at 42.10 pence on Monday in London.


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