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Eversheds comment: Zoopla flotation caught marginally offside

      18-06-2014

      Commenting on the pricing of Zoopla's flotation, Bruce Dear, head of London real estate at law firm Eversheds, says:

      "It's all about timing your run. Zoopla's flotation has been caught marginally offside by the Bank of England flagging that the housing market must be dampened. This explains their sensible "lower half" pricing. How Zoopla must wish it had made its IPO run three months ago."

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