First Property (GB:FPO) has released an update.
First Property Group PLC, a property fund manager focusing on high-yielding commercial properties, announced positive outlooks and financial improvements at its AGM. The company raised £2.96 million through an open offer, and reported a leasing deal in Warsaw that is expected to add £800,000 to annual profits. Total funds under management have decreased since March, but the company remains on the lookout for market opportunities that align with its strategic goals.
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