The number of initial public offerings (IPOs) for property investment companies skyrocketed in 2017 as investors continued to clamour for steady sources of decent income, writes Alex Moore, research analyst at Rathbones.
To meet this persistent demand, issuers have been working hard to differentiate themselves. But we are concerned that this demand, and the premiums it has created, may be unsustainable. After a turbulent...
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