Life Science REIT IPO aims to raise £300m after lining up £445m investment pipeline

Ironstone Asset Management named investment adviser

clock • 2 min read
Will be the first London-listed REIT focused on UK life science properties
Image:

Will be the first London-listed REIT focused on UK life science properties

Life Science REIT will target a £300m raise when it floats on the AIM market of the London Stock Exchange next month, becoming the first London-listed real estate investment trust (REIT) focused on UK life science properties, with a £445m pipeline of projects.

The company will launch an IPO on AIM by way of a placing, offer for subscription and intermediaries offer, targeting the issue of 300 million ordinary shares of £0.01 each in the capital of the company,...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment Trusts

Richard Whitehall of Aegon UK

Aegon UK multi-assets solutions business reaches £1bn AUM

Comes two years after launch

clock 29 November 2021 • 1 min read
Richard Staveley is expected to act as a consultant to Harwood as the trust is wound down

Gresham House Strategic board sets out two-year managed wind-down of trust after collapse of review

B share scheme ‘fairest’ way to return capital to shareholders

clock 29 November 2021 • 2 min read
Retail investors have been investing in trusts

Retail investors hungry for alternative investment trusts

Particular taste for esoteric trusts

clock 25 November 2021 • 3 min read