IPSX accelerates expansion with senior appointments

IPSX, the world’s first real estate stock exchange, announces two senior appointments to its Origination and Capital Markets teams, as the exchange continues to attract growing interest from real estate asset owners and investors.

Jonathan Baines has been appointed as a Senior Advisor to IPSX’s Capital Markets Team, to grow the stock exchange’s network of sovereign wealth funds, institutional investors, family offices and private investors in the UK and Europe.  

Jonathan has worked with a number of real estate investment and fund management firms across his forty-year career, including 16 years at Cushman & Wakefield, followed by The Government of Singapore Investment Corporation, Colliers International, and the London International Investment Office. He has acted as an adviser to global institutions, sovereign wealth funds, institutional investors, high net worth individuals and family offices on all aspects relating to investing in commercial and residential real estate in London, the UK and Europe.

Darius Divwalla has been appointed as a Director in the Origination team, where he will support Head of Origination, Rupert Snuggs, to advise real estate owners and investors seeking to access investment and liquidity opportunities on IPSX. Darius will work with issuers looking to benefit from the alternative capital markets venue to raise capital at supportive valuations via an admission on the exchange.

Darius brings over twenty years of experience within real estate investment and fund management. He joins IPSX from Cornerstone Investment Management, where he was involved in the firm’s private equity real estate investment strategies as well as the execution of complex transactions. Prior to this, he was Group CIO at Chelsfield, where he managed investments and business development for over 13 years. He has also held positions at Henderson Global Investors and DTZ Debenham Tie Leung.

Roger Clarke, Chief Executive Officer, IPSX, said: “The addition of two high-calibre industry professionals reflects IPSX’s growth as a capital markets venue for owners looking to fractionalise assets and investors seeking income-producing, institutional grade real estate.

“Issuers are now searching for fresh avenues to release equity from their assets while still retaining flexible ownership, which is proving challenging in the current economic climate. Similarly, investors are redirecting allocations to create more defensive portfolios with access to liquidity, creating a shift towards investment grade assets that decorrelate from mainstream equity markets and offer inflation protection. Jonathan and Darius’ wealth of experience will prove invaluable as we continue to grow our team and expand our offering.”