Swedish investor Peter Gyllenhammar has increased his shareholding in property investor and fund manager First Property (LON: FPO) to more than 10% following positive news from Poland.
The share price has recovered from its low of 27p to 29p. Underlying net assets, including assets at market value, were 47.28p a share at the end of March 2022, up from 42.8p a share the previous year. This does not include any valuation on the fund management division, which has third party assets under management of £516.5m.
Poland
A further 9% of the Gdynia office building has been let and the new t...
