Foxtons kicks off £300m IPO amid UK housing excitement

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Foxtons kicks off £300m IPO amid UK housing excitement

Foxtons Group, the UK estate agency, kicked off what is set to be a busy September for ECM on Tuesday when it started pre-marketing an IPO of around £300m. It hopes to seize on continued optimism around the UK property sector, after the March listing of peer Countrywide Holdings which has since traded up over 70%.

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