News and Press Releases

Select Type:

and

Select Year:

Videos
19 Jun 2025

First Property Group Plc Preliminary Results 2025

Chief Executive Ben Habib discusses the Group’s financial results for the year to 31 March 2025.

News and Press Releases
25 Nov 2024

Investors Chronicle: Trading gains return First Property to profit

Simon Thompson maintains his “hold” recommendation but concludes by saying ”Expect the 51 per cent share price discount to NAV to narrow in a more benign interest rate environment and commercial property investment market.”

Videos
21 Nov 2024

First Property Group Plc Interim Results 2024

Chief Executive Ben Habib discusses the Group’s Interim results for the six months to 30 September 2024.

News and Press Releases
05 Sep 2024

Investors Chronicle: First Property looks for cash: should shareholders get involved?

Simon Thompson recommends shareholders take up their allocation in the deeply discounted open offer. He notes that “pro-forma NAV of £47.4mn equates to a fully diluted NAV per share of 31.5p, implying the shares are priced on less than half book value, a high level of risk aversion.” He adds that “a more benign interest rate environment could spark interest in deep value property plays and First Property is one for the watchlist.”

News and Press Releases
03 Jul 2024

Investors Chronicle: First Property waits for the gloom to lift

Simon Thompson notes “the widening of the share price discount to NAV from 42 to 61 per cent since the annual results is largely due to greater investor risk aversion. When the gloom lifts expect the discount to narrow. Hold.”

News and Press Releases
01 Jul 2024

Investors Chronicle: This property company’s 54% discount shouts value

Reporting on the Group’s FY 2024 Preliminary Results, Simon Thompson noted they were hit by impairments but that the company is well placed to benefit when the gloom lifts. He concludes that “it’s too early to turn buyer again but a more benign interest rate environment could spark interest in deep value property plays. First Property is one for your watchlist. Hold.”

Videos
26 Jun 2024

First Property Group Plc Preliminary results 2024

Fprop CEO Ben Habib discusses the Group’s financial results for the year to 31 March 2024.

Videos
24 Nov 2023

First Property Group Plc Interim Results 2023

Our Interim Results for the six months to 30 September 2023 can be watched back here.

News and Press Releases
29 Sep 2023

First Property Group launches new loan platform

Property fund manager and investor First Property Group has launched a senior loan platform to finance and refinance commercial property. The business will focus on making interest-only loans of up to £20m at a maximum of 65% loan-to-value ratio.

Videos
28 Sep 2023

First Property Group Plc AGM 2023

Our Annual General Meeting (AGM) can be watched back here.

News and Press Releases
10 Jul 2023

AIM Journal (July 2023, p5): First Property remains at a large discount

Comment following Fprop’s FY 2023 Results – NAV up, underlying earnings up, leasing progress, new lending division, yet shares trade at c50% discount to NAV.

Opinions
27 Jun 2023

The Property Chronicle: Beleaguered property

Fprop CEO Ben Habib argues the case for lending against commercial property in the current higher interest rate environment. “The returns to be earned from lending are now as high as the kind of returns which had been available from investing in the underlying assets. And, of course, it is less risky to lend than to buy.”

First Property Group
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.