IPSX to list single commercial properties in 1Q - CEO | Debtwire
The freezing of M&G’s GBP 2.5bn open-ended real estate fund in December to prevent investors rattled by Brexit pulling their money out couldn’t have come at a better time for IPSX. The measure laid once again bare the difficulty of investing in long-term assets with short-term money.
IPSX plans to start listing individual properties this quarter, offering investors a more transparent and less volatile way to invest in commercial real estate, said chief executive David Delaney in an interview with Debtwire.
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