Feb. 16, 2021
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
IPSX Wholesale is a market exclusively for institutional and professional investors.