Urban Exposure cancels IPO as hot London summer turns

By Nina Flitman
07 Aug 2014

Urban Exposure, a UK real estate investment firm, has cancelled its planned £500m listing as the London IPO market turns soft over the summer.

The closed ended investment company had planned to raise £500m in its flotation on the London Stock Exchange and said it initially received an encouraging response from investors after the deal was launched early in July. Its shares had been offered at £10 each, and US alternative investment ...

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