The International Property Securities Exchange (IPSX) is looking to launch by 30 June this year, and if the initiative catches on it will create a genuinely new and innovative way to invest in real estate, writes EuroProperty editor Mike Phillips.
Put simply, IPSX is a stock exchange for individual buildings, where the owners of an asset can list some or all of a building, and investors buy shares in it, just as they would a company.
There have been many attempts to provide liquidity to what is an essentially an illiquid asset class, and the latest is attempting to merge technological disruption with deep-rooted tradition. Read the full story here.