IPSX

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IPSX
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Founded 2018
Key People Anthony Gahan, Founder and CEO
Products Commercial real estate trading

The International Property Securities Exchange (IPSX) is the world’s first regulated securities exchange dedicated to trading companies owning single commercial real estate assets. It aims to provide an alternative public capital markets option for real estate owners to do an Initial Public Offering of their assets on a regulated market.[1]

The UK's Financial Conduct Authority issued an order granting IPSX recognized investment exchange status in January of 2019. IPSX hopes to launch its first IPOs from the end of the first quarter of this 2019, the company said. Shareholders in IPSX include British Land, the listed property company, and real estate private equity groups such as Moorfield Group and M7 Real Estate.

History

In October 2018, IPSX put forward a new investment proposal for London’s Wembley Stadium less than a week after Jacksonville Jaguars and Fulham F.C. owner Shahid Khan’s proposed takeover of the English football stadium fell through.[2] A listing of Wembley on IPSX would allow the Football Association to monetize part of the value of Wembley while retaining a controlling stake in the stadium.[3]

Products and Services

IPSX offers prospective issuers, the owners of commercial real estate, the potential to raise capital through the admission of securities to its flagship market, IPSX Prime.[4]

Key People

  • Anthony Gahan, Founder and Chief Executive Officer
  • Ian Pain, Director and Chief Financial Officer
  • Michael Higgins, Non-Executive Chairman

References

  1. IPSX. IPSX.
  2. Wembley gets fresh investment proposal after collapsed sale. SportsPro Media.
  3. New exchange pitches £600m Wembley 'float' after sale failure. Sky News.
  4. About Us. IPSX.