First Property Asset Management Limited seeks to earn superior rates of return on equity by investing in commercial property (retail, office and industrial) in the United Kingdom and Central & Eastern Europe.
Its core competency is in identifying, buying well and managing properties which typically:
In order to find properties which fit its investment criteria, FPAM tends to invest in prime properties in secondary locations, or secondary properties in prime locations. Return on equity (ROE) is its primary consideration; any capital growth is regarded as a bonus. Capital growth does tend to follow though, because rental growth not only boosts ROE but also usually leads to capital gain.
FPAM adopts an active approach to property management, maintaining and creating value through strong landlord/tenant relationships, maximising planning gains and exploiting opportunities for capital gain wherever possible. Through its expertise and detailed due diligence on every target property, FPAM is able to add value to properties that may not be immediately apparent.
The management team has a proven track record in successfully running large scale property developments, as well as real estate management on a portfolio basis. This mix of expertise is vital in maximising returns.