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Jan. 9, 2019

FCA gives green light to property stock exchange | Property Week

This article originally appeared in Property Week on 9th January 2019, written by Tim Burke.       

A new stock exchange that will allow investors to invest in individual properties through share sales has been given approval by the UK financial regulator.

The team behind the International Property Securities Exchange said today that the Financial Conduct Authority had made the market a recognised investment exchange.

IPSX claims to be the world’s first regulated exchange dedicated to trading companies that own single real estate assets, a move it said “reimagines real estate investment and democratises access to the asset class for every type of investor”.

For property owners, the pitch is that a listing will release value from an asset without full sale of the building or, in the case of owner-occupiers, a sale-and-leaseback deal.

To read the full article written by Financial News, please click here.