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Aviva cancels property trust IPO

In a bumper year for real estate investment trust listings in London, recent would-be entrants have struggled

Aviva cancels property trust IPO
Photo: iStockPhoto

Aviva has pulled the planned stock market listing of its real estate investment trust, becoming the latest casualty in an IPO market that has seen investor interest lessening.

Aviva Investors Secure Income REIT said in a stock exchange statement that it had decided not to proceed with its listing "due to insufficient demand at the current time".

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