Real Estate Sector Excels on Toronto Stock Exchange and TSX Venture Exchange
TORONTO, May 1, 2013 /CNW/ - Real estate was one of the most active sectors on
Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) in 2012 and for
the first quarter of 2013.
So far in 2013, over $2.0 billion in equity capital has been raised and six
IPOs have been completed in the sector. Furthermore, the biggest IPO on TSX
in the first quarter was a US-based real estate investment trust, Milestone
Apartments REIT, which raised $229 million in early March.
"Toronto Stock Exchange and TSX Venture Exchange, together form one of the
most active exchange groups in the world for the public real estate sector,"
said Ungad Chadda, Senior Vice President, Toronto Stock Exchange. "Real estate
companies from all over the world have started to look more closely at their
options for listing and raising growth capital in Canada."
2012 was a record year on all accounts for the real estate sector on our
Exchanges. Last year, the Exchanges welcomed 13 new real estate listings,
bringing the total number of real estate companies listed on both platforms to
84 with a combined market capitalization of $75 billion. Over $7.2 billion
in equity financing was raised and the sector accounted for over 15% of total
Both TSX and TSXV support the growth of the real estate sector in Canada.
The Exchanges recently hosted a real estate bootcamp, "Growth Platforms for
Global Real Estate Companies", for companies considering raising growth
capital in Canada. The full-day event provided expert panels discussing
finance and best practices with leading Canadian advisors and deal makers, as
well as an opportunity to meet with top institutional real estate investors.
The event also showcased four public real estate companies who shared their
"go-public" stories and offered advice based on their personal experiences.
For more information about the real estate sector, please visit
About TMX Group (TSX:X)
TMX Group's key subsidiaries operate cash and derivative markets and
clearinghouses for multiple asset classes including equities, fixed income and
energy. Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha Group,
The Canadian Depository for Securities, Montreal Exchange, Canadian
Derivatives Clearing Corporation, Natural Gas Exchange, BOX Options Exchange,
Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group companies provide
listing markets, trading markets, clearing facilities, depository services,
data products and other services to the global financial community. TMX
Group is headquartered in Toronto and operates offices across Canada
(Montreal, Calgary and Vancouver), in key U.S. markets (New York, Houston,
Boston and Chicago) as well as in London, Beijing and Sydney. For more
information about TMX Group, visit our website at www.tmx.com. Follow TMX
Group on Twitter at http://twitter.com/tmxgroup.
Catherine Kee Manager, Corporate Communications TMX Group 416-814-8834
SOURCE: TMX Group Inc.
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CO: TMX Group Inc.
-0- May/01/2013 15:31 GMT
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