This small-cap European property fund manager has delivered NAV per share growth, one of the few property companies to do soFollowing yesterdays release of the Groups Preliminary Results for the year to 31 March 2023, Simon Thompson of Investors Chronicle updated his "buy" recommendation in an article entitled A Reit managing to grow its assets.

See https://www.investorschronicle.co.uk/ideas/2023/06/22/a-reit-managing-to-grow-its-assets/

The article concludes with:

Priced on a 42% share price discount to book value, and with a reduction in vacancy rates supporting valuations at the groups directly held high-yielding properties, the shares remain attractively priced. Buy.







First Property Group plc · 32 St James's Street · London, SW1A 1HD · United Kingdom