London Alternative Investment Market and Property Purplebricks

Ed Jones: We quite like the IPO route, because it allows us much more access to the capital that we want and raises our profile … and given that we’re a consumer brand, being on the stock market is fantastic, Jones said, according to Euro News. A number of British real estate agents, including easy Property and Purplebricks, are looking to go public to tap into strong equity markets, healthy letting demand and a sharp rise in home prices over the past two years. The company, which provides lettings and sales services through a franchised network, has appointed Numis as financial adviser as it looks to float on London Alternative Investment Market , Hunters Finance Director Ed Jones told Reuters. The Conservative Party unexpectedly decisive victory in general election in May has also helped investor sentiment, with pent-up demand rushing back over the rest of this year and into the next. Hollinrake, formerly managing director, was elected Conservative Member of Parliament for the constituency of Thirsk and Malton at the election. Hunters was founded in 1992 by Kevin Hollinrake and John Waterhouse. (news.financializer.com). As reported in the news.