M7 boosts investment in property securities exchange IPSX

Pan European investor and asset manager M7 Real Estate has increased its investment in real estate securities exchange firm IPSX Group.

M7 had already made a preliminary investment in IPSX, a firm that is preparing to launch the world’s first regulated securities exchange for companies owning single commercial real estate assets.

Anthony Gahan, chairman of IPSX Group, commented: ‘M7 and its management team have been deeply supportive shareholders in IPSX from an early stage and we are delighted that it will continue to be a significant partner to the company alongside our other key institutional shareholders.’

‘Establishing an entirely new financial market is a major undertaking but is made easier by a sector embracing innovation and taking an active role in its delivery,’ Gahan added.

In addition, IPSX announced the appointment of Richard Croft (pictured), M7’s chief executive officer, as a non-executive director.

Croft has worked for more than 25 years in the UK and European real estate industry, and was co-founder of M7 in 2009.  Prior to that, he founded Halverton REIM.

‘I expect IPSX to be embraced by real estate owners as a default capital markets solution and by investors as a new proxy for direct investment. The creation of a new public market should further establish real estate as the fourth mainstream asset class,’ said Croft. 

 M7 has operations in 13 countries and more than €6 bn in assets under management (AUM).


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