Peel Hunt signs up to IPSX
Peel Hunt has been approved to join IPSX UK Limited, the Recognised Investment Exchange (RIE) which operates a regulated securities exchange dedicated to commercial real estate, as a market maker in IPSX Prime securities.
IPSX Prime is the exchange’s regulated market offering investors access to shares in single asset real estate securities.
Peel Hunt play a critical role in executing trades to support the liquidity of the IPSX Prime market, working alongside existing IPSX members, including Lead Advisers WH Ireland and 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.
David Delaney, CEO at IPSX, says: “Peel Hunt is the latest in a long line of highly respected business that have committed to IPSX. Theirs is one of the leading real estate teams in the City of London and so this is a strong endorsement of what we are looking to achieve as the first stock exchange exclusively dedicated to commercial real estate. At a time when markets are undoubtably challenging for many, we look forward to working closely with Peel Hunt to continue building our momentum and ensuring we are well equipped once markets normalise once more.”
Iain Morgan, Head of Execution & Trading at Peel Hunt, says: “IPSX offers an innovative opportunity to the market, allowing investors across the spectrum the chance to get involved in real estate in a way they haven’t previously been able to. We are pleased to be working alongside the exchange at this important stage of its development and look forward to utilising our skills and experience in supporting the market’s operations.”