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Feb. 16, 2021

British Property Federation leads the real estate industry in endorsing British innovation IPSX as the world’s first Property Stock Exchange

IPSX UK Limited (“IPSX” or “the Exchange”) has received considerable support from the British Property Federation and senior figures of the property world ahead of the opening of the most dynamic stock exchange for property. 

In an open letter to the industry British Property Federation Chief Executive Melanie Leech stated:

“We believe that IPSX is a significant development in the modernisation of the real estate capital markets. We support its ambition to create a liquid market for single properties, with dividend and cost transparency, either as a direct or SIPP investment, and available to all market participants.” 

We also welcome the opportunity that IPSX aims to provide, as a platform for the industry to showcase broader economic, environmental and social initiatives. This accountability and transparency is very much in line with the BPF’s Redefining Real Estate campaign and will we believe resonate with both institutional and private investors.” 

IPSX is set to revolutionise the way commercial real estate assets are held and traded with the exchange offering new capital raising and liquidity opportunities for participants whilst upholding the rigorous regulatory standards that the UK’s Financial Conduct Authority sets. IPSX is at the forefront of financial markets innovation, showcasing the UK as being open for business post-Brexit.

In a separate letter, industry heavyweights such as SEGRO plc, Nuveen Real Assets, Savills, Tishman Speyer and Argent LLP have all lent their public support to the new Exchange alongside highly respected past and active leaders including Mike Slade, ex-chairman of Helical David Sleath, CEO of FTSE 100 Segro and Mark Dixon, Founder & CEO of IWG saying; "We expect to see the first assets listed on IPSX this year, providing property owners with a more flexible way to release capital and direct access to professionally managed real estate investments for both institutions and private investors alike." 

Speaking about the considerable industry support, David Delaney Group Chief Executive of IPSX commented: “We are delighted to receive endorsement from the British Property Federation and the wider real estate industry and thank those that signed these letters for recognising IPSX as a capital markets innovation. It is an Exchange that can make a real difference in how assets are traded, capital is raised and standards across the industry are enhanced – both from an ESG angle and an investment perspective.”

The signatories to the open letter are as follows:

Andrew Hynard – Ex-Chief Executive of The Howard de Walden Estate 

Charles Knight – Mansford IM 

Chris Bartram – ex-Chairman, Orchard Street Investment Management 

Dan Nicholson – UK MD, Tishman Speyer 

David Hunter – Hunter Advisers 

David Sleath – CEO, Segro 

David Partridge - Managing Partner, Argent LLP 

David Turner – Partner, DTRE 

Giles Easter – Chief Executive Officer, Astrea Asset Management 

Ian Womack – ex AVIVA 

James Caan – Entrepreneur 

John Milligan – CEO, Milligan 

John Slade 

John Woodman – Senior Partner, Hollis 

Keith Dowley – Partner, DTRE 

Kevin McCabe – Chairman, Scarborough Group 

Liz Peace – Advisor to Government 

Madeleine Cosgrave 

Marc Gilbard – Chief Executive Officer, Moorfield 

Mark Dixon – Founder & CEO, IWG 

Matthew Weiner – former CEO, U&I 

Mickola Wilson – Seven Dials 

Mike Slade – ex-Chairman and CEO, Helical 

Mike Sales – CEO, Nuveen Real Assets and Real Estate

Peter Freeman – Joint Founder, Argent LLP 

Richard Croft – Executive Chairman, M7 Real Estate 

Richard Rees – UK CEO, Savills 

Rob Orr – Chairman, Tritax Eurobox PLC 

Robert McGregor – Senior Partner (EMEA), Bryan Cave Leighton Paisner 

Roun Barry – Managing Director, Dunedin Property 

Sebastian Abigail – Vice President, Convene 

Stephen Barter – Chair, Wilton Capital Advisers 

Tim Sketchley – MD, Old Park Lane Management (Kadoorie family) 

Xavier Pullen – Joint Founder and ex-Director Capital & Regional 


ENDS


For more information please contact:

Yellow Jersey Public Relations

Email: IPSX@yellowjerseypr.com