International Property Securities Exchange
IPSX is the world’s first regulated securities Exchange dedicated to the initial public offering and secondary market trading of companies owning single institutional grade real estate assets and multiple assets with commonality. It represents a major evolution in the real estate market.
Webinar - Property sector update and introduction to IPSX
A fascinating update on the Property sector from 4 sector experts on valuation and investment, plus an explanation of how the IPSX exchange will open up portfolio exposure into high quality real estate assets.
Listed real estate has ‘never been cheaper’ when yield spreads are compared to bonds over the last 12 years. Whilst tenants in the Retail space face challenging trading, that segment only amounts to 5% of the listed sector. Rents are being paid and the sector can provide transparent, reliable cashflow for investors struggling to find high income yielding investments.
IPSX expects IPOs in September and its Prime market will offer all investors quote-driven liquidity from leading market makers – a striking change for a core asset class historically both illiquid and only available to the few.
An introduction to IPSX
The International Property Securities Exchange (IPSX) is a new regulated stock exchange that will enable investors to trade shares in the owners/managers of single buildings or homogeneous, discrete property portfolios.
In 2019 IPSX was granted recognition by the Financial Conduct Authority to operate in the UK as a Recognised Investment Exchange, providing both real estate owners and investors with the protection of a regulated market.
Investors will be able to invest in listed companies that own individual real estate assets. For practical reasons (mainly sheer scale) this option has previously been only accessible to institutions and sovereign wealth funds.
This represents a genuine innovation for investors in UK real estate, one of four mainstream asset classes defined by market size and investment returns. Provision of a regulated public market in single asset company equities with clear rules and standards complements investment choices currently available.
- It gives asset owners access to an alternative capital markets product, which should expand the universe of potential investors.
- Investors seeking direct access to commercial property via a regulated public market should be attracted by robust market operational logistics, speed of execution and real time valuations.
We believe that companies listed on its exchange should have broad appeal to professional and retail investors with an interest in this asset class. They will provide a way to achieve fractional ownership of institutional grade properties with distinct risk profiles, lower volatility than less focused pooled investment vehicles listed on generalist exchanges, and better liquidity than direct investments and OEICs.Download Now Missing Out Get our research first