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News and Press Releases
27 Sep 2016

Investors Chronicle – Anomalously priced fund managers

Simon Thompson summarises: ‘Rated on a discount to spot net asset value, trading on just 8 times forward earnings…, and with significant upgrades highly likely in eight weeks’ time, the investment case is very solid. In the circumstances, I rate First Property’s shares a strong buy…ahead of November’s interim results and my initial target price is 56p, coinciding with the all-time high dating back to the end of last year. Buy.’

Opinions
09 Sep 2016

Letter to FT from Ben Habib

“Carney’s calm tested by inaccurate assessments”

Opinions
01 Sep 2016

Fprop CEE Snapshot – Q3 2016

Fprop opinion on Polish & Romanian property markets.

Opinions
29 Aug 2016

Letter to FT from Ben Habib

“Nothing has changed in the UK’s trading status”

Opinions
24 Aug 2016

Redleaf PR – 60 second interview…

…with Fprop CEO Ben Habib.

Opinions
23 Aug 2016

City AM (Forum section) – are negative interest rates a looming disaster?

Fprop CEO Ben Habib argues “Yes”.

News and Press Releases
18 Aug 2016

Investors Chronicle – Exploiting sterling weakness

Simon Thompson feels “there is a major valuation anomaly to be exploited in the AIM traded shares of Eastern European property fund manager, First Property Group.” He rates the shares a strong buy with an initial target price of 56p.

News and Press Releases
02 Aug 2016

Proactive Investors – Brexit holds no fear for First Property boss Habib

“…He sees the current market instability post the UK vote to leave the EU as a big opportunity for a small firm like First Property, and means (for currency reasons) an immediate injection of profits in the short term and later, a chance to buy more UK assets, while prices are under pressure (cheaper).
Longer term is also looking good for the UK market, he reckons…”

Opinions
18 Jul 2016

Letter to FT from Ben Habib

“Back of the line? The UK has leapfrogged the queue”

News and Press Releases
23 Jun 2016

IP Real Estate – Uncertainty peaks

Ben Habib, chief executive of First Property, is one of the few in the UK’s real estate sector to argue that a “Brexit” would be positive for both the property market and Britain as a whole. “Any volatility would only be an opportunity for small, opportunistic companies such as First Property,” he said.

News and Press Releases
13 Jun 2016

Investors Chronicle – head east for profit

Simon Thompson reiterates his price target of 56p, citing “the potential for further value creation is not being factored into the current valuation. Nor is the fact that 95 per cent of the current year £21.9m revenue forecast is recurring, so offering a high degree of certainty in those estimates. The market is also failing to acknowledge the impressive track record of the company. There are not too many investments that can generate such a high sustainable return, nor have potential to continue to do so, irrespective of whether the UK stays or remains a part of the EU.”

Audio
10 Jun 2016

Vox Markets – Interview with Ben Habib following announcement of Fprop’s Preliminary Results

Listen to audio

First Property Group
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