West End property firm launches £100m feeder float

West End of London Property Investment Co (Welpic) plans to float on London’s AIM next month, in a £100m deal that will bring the established property investment trust to the listed market.

  • 11 Jan 2013
The West End of London Property Unit Trust (Welput), a unit trust with £873m of property assets in the city, will sell existing units to the new fund at net asset value. Those units will come from an existing investor that is looking to reduce its holding in ...

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