IPSX: Waiting to kick off £6.5bn of property IPOs

The IPSX property stock market is in talks with asset owners about £6.5bn worth of IPOs. Get the General Election out of the way, its top team says, and they should start to happen

The new stock exchange hoping to shake up property investment is lining up 26 listings that could raise more than £6.5bn, transforming the ownership of assets including office blocks, sports stadiums and hospitals. But with the UK equity markets largely shut as political turmoil continues, investors are waiting longer for those deals to materialise than they once expected.