IPSX UK Limited, the Recognised Investment Exchange (RIE) operated by IPSX Group Limited which offers the world’s first regulated securities exchange dedicated to commercial real estate, has received approval from the Financial Conduct Authority (FCA) to launch its second market, IPSX Wholesale.
A Multilateral Trading Facility (MTF), IPSX Wholesale is a market exclusively for institutional investors. It joins IPSX Prime, the exchange’s Regulated Market, in providing investors with access to shares in companies holding commercial real estate. IPSX Wholesale has been designed to provide commercial real estate owners with an onshore market that can accept a variety of different corporate structures within a flexible regulatory environment, including JV REITs.
Issuers owning assets which they intend to repurpose or retrofit will be able to seek admission to IPSX Wholesale as an alternate source of fundraising, provided they anticipate the asset becoming stabilised and income-producing within a suitable timeframe. As well as stabilised assets, IPSX Wholesale is open to development and regeneration projects.