The U.K. government has announced a £30 billion ($38 billion) fiscal stimulus package to temper economic disruption caused by the coronavirus, or COVID-19.
The spending package will hike infrastructure spending to its highest levels since the 1950s.
In regard to how the announcement relates to real estate, David Delaney, chief executive of new property stock exchange IPSX, notes, “As a new stock exchange for real estate we are looking at commercial real estate assets from all over the country for admission to trading which will help the regions in attracting new investment. The exchange allows investors yearning for yield the opportunity to invest in the high-yielding benefits of real estate but avoiding the risks of investing in a listed property company or a fund that might be gated.”
IPSX is the world's first regulated securities exchange dedicated to commercial real estate.
The U.K. is not the only country to allocate a large sum to combat the vi
