Sept. 16, 2020
IPSX UK Limited, the
Recognised Investment Exchange (RIE), which operates the world’s first
regulated stock exchange dedicated to commercial real estate, announces that,
in addition to being an existing Lead Adviser, WHIreland has now also been
approved to join the Exchange as a market maker for IPSX Prime securities. IPSX
Prime is the exchange’s regulated market, offering both institutional and
retail investors access to trading shares in single asset real estate issuers.
WHIreland will play a
crucial role in dealing in securities admitted to trading on IPSX Prime. The
company is the third market maker to sign up as a member of the Exchange, alongside
Peel Hunt and Panmure Gordon, and joins fellow Lead Adviser RBC Capital
Markets, and Approved Valuers Jones Lang LaSalle, Knight Frank, CBRE, Avison
Young and Cushman & Wakefield.
IPSX members are firms who play a
key role in the Exchange and
have met the membership eligibility criteria under the IPSX Rules for Members.
Alan
Ramsay, Chief Executive at IPSX UK said:
“Having worked closely with us as a Lead Adviser to IPSX for the past year,
WHIreland is deeply familiar with what we are looking to achieve as the first
stock exchange exclusively dedicated to commercial real estate. As such, the
expansion of its relationship with IPSX through its approval as our latest
market maker is a strong endorsement of our platform, while our increasing
number of market markers allows us further to broaden our proposition for the
benefit of both potential issuers and investors. At a time when markets are
challenging for many, we look forward to working even more closely with WH
Ireland to continue building our momentum and leveraging the potential IPSX
offers in current markets.”
Adam
Pollock, Head of Corporate & Institutional Broking at WHIreland said: “IPSX
offers a unique opportunity for investors to get involved in real estate in a
way that has not previously been possible. As an existing Lead Adviser at the Exchange,
we have a strong understanding regarding IPSX’s objectives, and look forward to
working further with the team both as market makers and as we continue to
support future transactions through our extensive team of experts.”
IPSX Wholesale is a market exclusively for institutional and professional investors.