IPSX awards PIP contract to EQS

IPSX, the International Property Securities Exchange, announces today that it has appointed EQS Group Limited (EQS) as its Primary Information Provider. As a Recognised Investment Exchange and in certain circumstances, IPSX is required to make formal market announcements. EQS is an FCA- approved Regulatory Information Service and will distribute the announcements.

Anthony Gahan, Chairman of IPSX said “We are delighted to be working with EQS and look forward to exploring with it further digital communication solutions to inform the financial markets and our stakeholders of our progress towards launch and beyond.”

Viviane Joynes, Managing Director of EQS said “We are delighted to have been appointed by IPSX and to be part of its journey of establishing the first dedicated commercial real estate securities exchange in the world. We are confident that the IPSX proposition represents a new addition to the world of real estate investment and are looking forward to supporting the team with their real-time news distribution through our network.”

IPSX is progressing discussions with a broad range of early potential issuers including private equity real estate funds, sovereign wealth funds, major quoted real estate groups and owner-occupiers seeking a new way to unlock value from their real estate holdings. The Company expects to commence operations later this year subject to regulatory approval.