Kempen & Co sees more property IPOs and takeovers

Dutch merchant bank Kempen & Co expects a strong increase in the number of share issues and IPOs of European property companies in the coming year. The bank also expects to see more takeovers of poorly valued property companies, Boudewijn Schoon, director of European Property Research, told the European Property Seminar in Amsterdam on Tuesday. Kempen organised the seminar for 100 property investors and 50 European property companies.

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