RCS - First Property Group - Appointment of Head of Leasing, Poland

First PropertyAnnouncement

06/10/2022 07:00

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RNS Number : 9342B  First Property Group PLC  06 October 2022

 Date:          6 October 2022
 On behalf of:  First Property Group plc ("First Property", the "Company" or the "Group")
 Embargoed:     0700hrs

 

Reach non-regulatory announcement

 

First Property Group plc

Appointment of Head of Leasing, Poland

 

First Property Group plc (AIM: FPO), the property fund manager and investor
with operations in the United Kingdom and Central Europe, is pleased to
announce that Janusz Garstka has joined the Company as Head of Leasing,
Poland. He will report to Jeremi Slominski, Head of Asset Management in
Poland.

 

Janusz has been involved in the real estate market for 17 years. Janusz gained
his experience at the international consulting agency Knight Frank, Poland. In
recent years he has worked as a leader and exclusive agent for leading
investment funds and owners of commercial properties in Poland. In his career,
Janusz has conducted and successfully completed lease transactions of more
than 150,000 square metres.

 

At First Property Janusz will be responsible for leasing over 110,000 square
metres of office properties in five cities in Poland: Warsaw, Krakow, Gdynia,
Poznan and Lublin. He will also develop procedures and strategies related to
the commercialisation of these properties.

 

First Property Poland currently has 20 commercial properties under management
in Poland, including office buildings in the aforementioned five cities and
shopping centres in Ostrowiec Świętokrzyskie, Świnoujście and Krasnystaw.

 

Przemysław Kiszka, Managing Director, First Property Poland, said:

"I am delighted that Janusz has joined us to strengthen our team. His years of
experience and knowledge of the Polish market will contribute to even better
cooperation with our tenants and business partners and support our further
development."

 

ENDS

 

For further information please contact:

 

 First Property Group plc                         Tel: +44 (20) 7340 0270
 Ben Habib (Chief Executive Officer)              investor.relations@fprop.com (mailto:investor.relations@fprop.com)

 Laura James (Group Finance Director)

 Jeremy Barkes (Director, Business Development)

 Allenby Capital (NOMAD & Broker)                 Tel: + 44 (20) 3328 5656
 Nick Naylor (Corporate Finance)

 Freddie Wooding (Corporate Finance)

 Amrit Nahal (Sales and Corporate Broking)

 SEC Newgate (PR)                                 Tel: + 44 (20) 3757 6880;
 Robin Tozer / Richard Bicknell / Max Richardson  firstproperty@secnewgate.co.uk (mailto:firstproperty@secnewgate.co.uk)

 

Notes to Investors and Editors:

 

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 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 six directly held properties in Poland and Romania, and
non-controlling interests in ten of the twelve funds managed by FPAM.

 

Quoted on AIM, the Company has offices in London and Warsaw. Around one third
of the Company's shares are owned by management and their families. Further
information about the Company and its properties can be found at:
www.fprop.com (http://www.fprop.com) . To receive RNS alerts by email please
subscribe here
(https://sirius.brighterir.com/public/fprop/news_alerts/email_alerts/register)
.

 

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