Foxtons Rides London Property Wave - Presented by: The Aol. On Network

Highly desirable and a good location. Not an estate agent brochure, but investors' enthusiastic welcome for Foxtons. Sixty per cent of shares went for 230 pence each. The very top of the expected price range - valuing the company just shy of £650 million. Investor appetite for the sale is logical, says Edward Hadas of Reuters Breakingviews.



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