BRIEF-Pointpark Properties to float on LSE

LONDON, Oct 9 (Reuters) -

* Pointpark Properties (P3) - intention to float on London Stock Exchange

* Pointpark Properties - intends to raise gross proceeds of circa 250 million

STG via an initial public offering

* Intended use of proceeds is as partial consideration for the acquisition by P3 of the e760.1 million property portfolio currently managed by the P3 group of entities

((London Equities Newsroom; +44 20 7542 7717))