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First Property boss looking to build profits in Poland and Romania

First Property Group (FPO:LON) CEO Ben Habib tells Proactive Investors how his team scouts untapped trends across the European property market.

"We're not looking for policy driven, geographic or sector based investment strategy - we look for deals," he said.

One trend he says is likely to be profitable is buying Polish and Romanian investment property because borrowing is cheap and yields are high.

"The pricing in those countries for good secondary property has not recovered from credit crunch levels so you are able to buy high yielding sustainable income streams" he said.

Quick facts: First Property Group PLC

Price: 37 GBX

AIM:FPO
Market: AIM
Market Cap: £40.84 m
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