StockMarketWire.com
First Property Group has announced that the limited partners in UK Pension Property Portfolio LP, a fund managed by the group, which was due to mature on 5 February 2017, have agreed to extend its life by five years to 5 February 2022. The 21 properties owned by UK PPP LP are located across the UK and valued at some GBP100 million in total. UK PPP LP, which is un-geared, is generating a dividend yield of some 6.5% per annum for its partners.

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