Berwin Leighton Paisner (BLP) and LG have taken roles on one of the first Alternative Investment Market listings of the year, as UK fund manager Schroders seeks to raise more than £100m via a float of its West End property trust.
The initial public offering (IPO) will see the West End of London Property Investment Company (WELPIC) – a newly formed Guernsey-incorporated trust – seek to raise funds to invest in the existing West End of London Property Unit Trust (WELPUT), which is managed by Schroders and Grafton Advisors.
