First Property Group appoints Laura James to its Board as Interim Group Finance Director

– UK, London –  First Property Group plc (LON: FPO), the property fund manager and investor today reported that as announced on 31 March 2020, Laura James has joined the board of directors of the Company as Interim Group Finance Director. Laura has worked for the Company for over five years and was previously the Group Financial Controller.

George Digby, the outgoing Group Finance Director, remains an executive director of the Company until the Annual General Meeting on 23 September 2020.

First Property Group plc is an award-winning property fund manager and investor with operations in the United Kingdom and Central Europe. Its focus is on higher-yielding commercial property with sustainable cash flows. The company is flexible and takes an active approach to asset management. Its earnings are derived from:

Fund management – via its FCA regulated and AIFMD approved subsidiary, First Property Asset Management Ltd (FPAM), which earns fees from investing for third parties in the property. FPAM currently manages twelve funds which are invested across the United Kingdom, Poland and Romania.

Group Properties – principal investments by the Group, to earn a return on its own capital, usually in partnership with third parties. Investments comprise eight directly owned properties in Poland and Romania and non-controlling interests in ten of the twelve funds managed by FPAM.

Listed on AIM the Company has offices in London, Warsaw and Bucharest. Around one-third of the shares in the Company are owned by management and their families.

For more information: https://www.fprop.com