In Pursuit of the Money People

By Adam Tinworth

Propex, the property investment trading exchange, has had its most significant upgrade since its launch in early last year.

The new version of the service, www.propex.co.uk, moves the service further towards being a comprehensive screen-based trading system, similar to that used by City professionals for stock, share and futures deals.

The improvements to the service include a greater range of information, such as deal comparables, news and research.

The services also offers more communication and instant messaging options.

"Propex Professional brings together all of the information needed by the investment agents and the investor" says the managing director Paul Marples. "With more than 1,000 people already using the exchange we are confident that it will emerge as the leading business tool for the professional property investor."

The service is subscription-based, with companies paying an annual fee per "desk" on the exchange.