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June 26, 2019

Top investment bank joins IPSX

RBC Capital Markets becomes first Lead Adviser of London’s new real estate stock exchange

IPSX, the International Property Securities Exchange, today announced RBC Capital Markets (part of Royal Bank of Canada) as the first IPSX Lead Adviser to formally join IPSX as a Member.  

IPSX Lead Advisers are appointed by issuers to help support them through the Initial Public Offering (IPO) process on admission to trading on IPSX, as well as with certain other key transactions.

Alan Ramsay, Chief Executive of IPSX UK Limited, said: “Our Lead Advisers play a vital role in supporting and advising issuer clients with their preparations for an IPO on IPSX.  I am delighted to welcome RBC as our first Lead Adviser and look forward to welcoming additional advisory Members as we prepare our first IPOs for launch”.  

Charlie Foster, Managing Director and Head of European Real Estate, RBC said: “IPSX represents a highly significant innovation in the commercial real estate world and will provide owners and investors alike with an important new opportunity for capital raising and investment.  We welcome this new dimension and look forward to bringing our considerable experience and capabilities to bear in working with issuers and investors through the IPO process.”

IPSX is in discussion with a broad range of early potential issuers, including owner occupiers, sovereign wealth funds, major quoted real estate and private real estate funds seeking a new way to unlock value from their real estate holdings.