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About Us
 
Apr 2017 Performance data for 2016 released by IPD: FPAM funds rank No.1 versus MSCI’s Central & Eastern European (CEE) Benchmark for the eleven years from the commencement of its operations in Poland in 2005, and for the annualised periods from 2005 to the end of each of the years from 31 December 2008. In addition, FPAM’s UK Pension Property Portfolio (UK PPP) was awarded best “Small Specalist Fund” by MSCI at its UK Property Investment Awards 2017. FPAM was also one of ten fund managers, out of a pool of 95, to be awarded a Data Quality Award by MSCI.

Jan 2015
FPAM's 11th fund established with a minimum commitment of £125 million for an initial term of 10 years with an existing pension fund client, Shipbuilding Industries Pension Scheme (SIPS), to invest in UK property.

Mar 2014 FPAM compliant with Alternative Investment Fund Managers Directive (AIFMD).

Nov 2013
Increased the Group’s shareholding in Blue Tower, Warsaw to 48.2% and in the tower’s management company to 90%.
Oct 2013
FPAM's 10th fund established with equity commitments of £41 million from clients of a leading global investment business, including £2 million co-investment by the Group, to invest in office buildings in the UK with a view to converting these to residential use.
Jul 2013 Investment by the Group (directly) in two largely vacant office properties in SE England (Bracknell & Woking) for £3.4 million. Subsequently sold for £8 million in Dec 2013 and Feb 2014.
May 2013 Returned to development activity in the UK.

Oct 2010
FPAM's 9th fund established - Fprop Opportunities plc (FOP) - to invest in high yielding commercial property in Poland.
Feb 2010
FPAM's 8th fund established with equity commitments of £105 million from 3 pension fund clients of Stamford Associates Ltd, the international investment consultancy, plus £1 million co-investment by the Group, to invest in UK commercial property.

Nov 2009
Gained control of CORP SA, the management company for Blue Tower, Warsaw, by increasing the Group's shareholding in it from 30% to 68%.

Dec 2008
Investment by the Group in 28% of Blue Tower, a Class B office building in Warsaw's Central Business District (CBD), and in 30% of the management company constitutionally tied to manage it, CORP SA.

May 2007
FPAM's 7th fund augmented by a further £50 million equity commitment from Universities Superannuation Scheme (USS), bringing the mandate up to £100 million of equity commitment.
May 2007
FPAM Authorised & Regulated by Financial Conduct Authority (FCA) Part IV permission.

Aug 2005
FPAM's 7th fund established with £50 million equity commitment 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.

Dec 2004
FPAM's 6th fund (5th Property Trading Ltd) established with £3.25 million of equity to invest in UK commercial property. Mandate varied in Sep-2005 to include Poland.
Aug 2004
FPAM's 5th fund (Regional Property Trading Ltd) established with £925,000 of equity to invest in UK commercial property. Mandate varied in Sep-2005 to include Poland.
Aug 2004
FPAM's 4th fund (SAM Property Company Ltd) established to invest in UK commercial property.
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
FPAM's 3rd fund (Third Property Trading Ltd) established with £1.89 million of equity to invest in UK commercial property. Dissolved Jan-2008, IRR 24%. 
Jan 2003
FPAM's 2nd fund (Second Property Trading Ltd) established with £1.125 million of equity to invest in UK commercial property. Dissolved Dec-2007, IRR 18%.

Sep 2002
FPAM's 1st fund (First Property Trading Ltd) established with equity commitments of 850,000 to invest in UK commercial property. Dissolved Nov-2006, IRR 29%. 
Sep 2002
Establishment of fund management division, First Property Asset Management Limited (FPAM).

Aug 2001
Establishment of Property Trading division.

Dec 2000
Admission to AIM via reverse takeover of Hansom Group plc and change of name to First Property Online plc.

 

FPAM funds rank No.1 versus MSCI’s Central & Eastern European (CEE) Benchmark for the eleven years from the commencement of its operations in Poland in 2005, and for the annualised periods from 2005 to the end of each of the years from 31 December 2008. In addition, FPAM’s UK Pension Property Portfolio (UK PPP) was awarded best “Small Specialist Fund” by MSCI at its UK Property Investment Awards 2017. FPAM was also one of ten fund managers, out of a pool of 95, to be awarded a Data Quality Award by MSCI.

© 2017 First Property Group plc
32 St James’s Street, London, SW1A 1HD.
Registered in England No. 2967020

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