More international listing alternatives
Winners and losers
The graph shows that 184 property companies were listed on global exchanges between July 2006 and April 2007, of which 71 were in Europe. Based on my experience in Europe, for every company that manages to achieve a listing, one will have fallen by the wayside. And for each attempted IPO, a typical investment bank will have sifted through up to 25 IPO candidates.
IPOs are subject to trends in the same way as clothing.
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