Eastern European property stocks take AIM

Patterson, Alan

Eastern European property stocks take AIM - 2006 - Property Forecast 9(3) March 2006, 12-13(2) .

Over the past few years, there has been significant acceleration in the Alternative Investment Market (AIM). For instance, in September 2002, there was a total of 686 companies listed on it; by September 2005, this figure has risen to 1 311. By March 2006, the Stock Exchange accounted for 69% of Western Europe flotations, suggesting that AIM has attracted attention for companies seeking to raise capital. Many property companies are now tapping into the emerging Eastern European property market. This paper introduces some of these key players and assesses their prospects.