| 6.5°C Dublin

Floats at pre-crash levels

The amount of money raised in European stock market flotations is back to 2007 levels, according to a report by PwC.

PwC's 'IPO Watch' found that €48.8bn has been raised so far this year, surpassing the combined amount raised in 2012 and 2013.

Kennedy Wilson Europe, a significant player in the Irish property market, made the list of the top ten most valuable flotations, raising over €1bn on the London exchange. The most valuable was the €2.1bn float of Pershing Square Holdings.