Howard Kennedy appointed as Lead Adviser on IPSX, the world's first regulated commercial real estate stock exchange

We are pleased to announce that Howard Kennedy has been appointed as the latest approved Lead Adviser to join IPSX, the International Property Securities Exchange, the world's first regulated commercial real estate stock exchange.

Following this approval, Howard Kennedy will be able to act as both Lead Adviser and Legal Adviser on IPSX transactions, supporting issuers through the Initial Public Offering (IPO) process on admission to trading on IPSX, advising on regulatory requirements and disclosure, as well as supporting issuers post-admission. Issuers seeking admission to IPSX are required to appoint a Lead Adviser to guide them through the IPO process and assess whether the applicant meets the admission requirements.

This appointment is another milestone for Howard Kennedy, building on the firm’s already established expertise as an FCA approved sponsor – the only English law firm with this accolade. This recognition further acknowledges Howard Kennedy’s deep and complementary sector knowledge in both real estate and capital markets.

Roger Clarke, CEO, IPSX commented on the appointment: “The successful appointment of Howard Kennedy as a Lead Adviser for IPSX represents another step forward for the exchange and highlights the growing number of Issuers who are seeking guidance on admission to IPSX. IPSX is growing as a capital markets venue for owners looking to fractionalise assets and investors seeking income-producing, institutional grade real estate. Issuers are searching for fresh avenues to release equity from their assets while still retaining flexible ownership. This is a challenge in the current economic climate but one IPSX can help with.”

Marc Proudfoot, Partner in Howard Kennedy’s Capital Markets team said: “We are delighted to have become a recommended adviser to companies looking to be admitted to trading on IPSX. With our ability to act as both Lead Adviser and Legal Adviser, we will be able to help issuers navigate key areas of the IPO process while continuing to support them following admission. We look forward to applying our wide breadth of experience in supporting IPOs and other transactions taking place on IPSX.”