| Date | Event |
| Oct 2011 |
Launch of marketing for new UK fund, Fprop Sterling Income Fund (FSIF). |
| May 2011 |
Performance data for 2010 released by IPD; FPAM retained its No.1 ranking versus both IPD CEE Benchmark and IPD Polish Benchmark, annualised over the five years to 31 December 2010. |
| Mar 2011 |
Disposal of Group’s 60% shareholding in First Property Services Ltd. |
| Oct 2010 |
Ninth fund established with £7 million of Group cash, augmented by £1.28 million from staff, family and friends - Fprop Opportunities plc (FOP) - to invest in high yielding commercial property in Europe & UK, with an initial focus on Poland. |
| Apr 2010 |
Performance data for 2009 released by IPD; FPAM retained its No.1 ranking versus IPD CEE Benchmark and achieved No.1 ranking versus IPD Polish Benchmark, annualised over the four years to 31 December 2009. |
| Apr 2010 |
Disposal of Commercial Property Database Ltd and CPD Ltd for a nominal consideration. |
| Feb 2010 |
Eighth fund established with cash commitments of £105 million from 3 pension fund clients of Stamford Associates Ltd, the international investment consultancy, plus a £1 million co-investment by FPAM, to invest in UK commercial property. |
| Apr 2009 |
Performance data submitted to IPD for analysis; FPAM ranked No.1 versus IPD CEE Benchmark over the three years to 31 December 2008. |
| Dec 2008 |
Purchase by the Group of 28% of Blue Tower, a Class B office building in Warsaw's Central Business District (CBD), followed in November 2009 with the purchase of a controlling interest in the management company which controls the building. |
| Nov 2007 |
Purchase by the Group of a Class C office building on Bacha Street, Mokotow, Warsaw |
| May 2007 |
Seventh fund augmented by a further £50 million of equity from Universities Superannuation Scheme (USS), bringing the mandate up to £100 million of equity, with gearing permitted at up to 4x. Fund still running and earning a return on equity invested >20% per annum (as at 31 Mar 2011). |
| May 2007 |
Authorised & Regulated by Financial Services Authority (Part IV permission). |
| Feb 2006 |
Acquired 60% stake in First Property Services Limited, an electrical and mechanical (M&E) contractor. |
| Sep 2005 |
Seventh fund established with £50 million of equity from Universities Superannuation Scheme (USS) to invest in commercial property in the United Kingdom and Central Europe. |
| Jun 2005 |
First Property Poland Sp. z o.o. (FPP) established, following the Group’s decision to largely exit the UK market due to the disappearance of the yield gap between the cost of debt finance and commercial property yields. |
| Dec 2004 |
Sixth fund (5th Property Trading Ltd) established with £3.25 million of equity to invest in UK commercial property, subsequently amended in September 2005 to include Poland. |
| Aug 2004 |
Fifth fund (Regional Property Trading Ltd) established with £925,000 of equity to invest in UK commercial property, subsequently amended in September 2005 to include Poland. |
| Aug 2004 |
Fourth fund (SAM Property Company Ltd) established on behalf of a client of Coutts & Co to invest in UK commercial property. This fund is not re-valued annually and FPAM does not have full discretion over its management. |
| Jul 2004 |
Issue of 18,125,000 new shares at 16p, raising approximately £2.9 million (before expenses) of cash for expansion, representing approximately 19.5% of the Company's issued share capital prior to the placing. |
| Oct 2003 |
Third fund (Third Property Trading Ltd) established with £1.89 million of equity to invest in UK commercial property. Dissolved in January 2008 and money returned to shareholders having earned a net IRR of 24% per annum. |
| Sep 2003 |
Change of name to First Property Group plc. |
| Jan 2003 |
Second fund (Second Property Trading Ltd) established with £1.125 million of equity to invest in UK commercial property. Dissolved in December 2007 and money returned to shareholders having earned a net IRR of 18% per annum. |
| Sep 2002 | First fund (First Property Trading Ltd) established with equity commitments of £850,000 to invest in UK commercial property. Dissolved in November 2006 and money returned to shareholders having earned a net IRR of 29% per annum. |
| Sep 2002 | Establishment of fund management division, First Property Asset Management Limited (FPAM). |
| Aug 2001 |
Establishment of Property Trading division. |
| Aug 2001 |
Acquisition of Commercial Property Database Limited and CPD Limited. |
| Apr 2001 |
Acquisition of Propertytrade plc. |
| Dec 2000 |
Admission to AIM via reverse takeover of Hansom Group plc and change of name to First Property Online plc. |