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Leslau's Max sets £200m float tag
21.05.09
Max Property, the vehicle being set up by tycoon Nick Leslau to take advantage of rock-bottom real-estate prices, today said it will float its shares at 100p each, raising £200 million from investors.
Max, which will invest in Leslau's Prestbury property business's deals, is chaired by former Savills estate agency boss Aubrey Adams. Morgan Stanley is bookrunner. Hedge fund Och Ziff has already offered its backing.
