Wholly owned properties and consolidated undertakings |
UK | Poland | Romania | Total | % of Total |
As at 30 Sept 2023 | |||||
Offices | £109.3m | £41.5m | £8.6m | £159.4m | 52.3% |
Retail warehousing | £56.9m | – | – | £56.9m | 18.7% |
Shopping centres | – | £49.7m | – | £49.7m | 16.3% |
TOTAL | £192.8m | £103.2m | £8.6m | £304.6m | 100% |
% of Total | 63.3% | 33.9% | 2.8% | 100.0 |
Non-controlling interests in funds managed by FPAM | % owned by Group |
Book value of Group’s share in fund |
Market value of holdings |
Group’s share of post-tax profits earned by fund to 30 Sept 2023 |
As at 30 Sept 2023 | ||||
Associates | ||||
5PT | 47.2% | * | * | * |
FOP | 45.7% | £12,305,000 | £12,305,000 | £442,000 |
Fprop Galeria Corso Ltd (FGC) | 29.1% | £2,918,000 | £3,136,000 | £92,000 |
Fprop Krakow Ltd (FKR) | 18.1% | £1,181,000 | £1,253,000 | £27,000 |
Fprop Phoenix Ltd (FPL) | 23.4% | – | £1,730,000 | (£60,000) |
Fprop Cluj Ltd (FCL) | 21.2% | £652,000 | £901,000 | £16,000 |
Sub Total | £17,056,000 | £19,325,000 | (£517,000) |
UK Pension Property Portfolio LP (UK PPP) | 0.9% | £196,000 | £196,000 | £14,000 |
Fprop Fulcrum Property LP (FUL) | 2.5% | £174,000 | £174,000 | – |
Fprop UK Special Opportunities LP (SPEC OPPS) | 11.1% | £2,142,000 | £2,142,000 | £82,000 |
Fprop Offices LP | 1.6% | £461,000 | £461,000 | £18,000 |
Sub Total | £2,973,000 | £2,973000 | £114,000 | |
TOTAL | £20,029,000 | £22,298,000 | £631,000 |
International Financial Reporting Standards (IFRS) requires the FX component to be marked to market resulting in variations in valuations between reporting periods.