29th Nov 2010 07:00
Date: 29 November 2010
On behalf of: First Property Group plc ("First Property" or the "Group")
Embargoed: 0700hrs
First Property Group plc
§ Change of Address
First Property Group plc (AIM: FPO), the AIM-listed commercial property fund management group, announces its change of address with immediate effect. Its new address, which will also become its new registered address, is:
35 Old Queen Street
London
SW1H 9JA
For further information contact:
First Property Group plc | Tel: +44 (0)20 7340 0270 |
Ben Habib (Chief Executive) Jeremy Barkes (Director, FJB Capital Advisers) | www.fprop.com |
Arden Partners | Tel: +44 (0)20 7614 5900 |
Chris Hardie (Director Corporate Finance ) | |
Redleaf Communications | Tel: +44 (0)20 7566 6708 |
Adam Leviton/Alicia Jennings |
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 is:
o To raise third party funds to invest in income producing commercial property;
o To co-invest in these funds;
o To 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 To 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.
Related Shares:
First Property