Wednesday, Feb 13, 2008
Property stock exchange closes
ft.com: ft
Property stock exchange closes
By Daniel Thomas
Published: February 13 2008 02:00 | Last updated: February 13 2008 02:00
The UK’s only residential property stock exchange has been forced to close after failing to raise sufficient funds to meet European financial regulations.
The Property Investment Market was an innovative attempt to encourage widespread residential investment in the UK. It would find and then list residential properties on its online exchange, in which investors could buy shares for as little as £1 ($1.9).
Posted by alan king @ 09:51 AM (165 views) Add Comment
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