Jefferies, the investment bank, is in an unusual position when it knocks Purplebricks, the disruptive online U.K. estate agency. It works directly with three competitors of Purplebricks, and always seems to have something negative to say about Purplebricks, as this detailed analysis shows.
EMoov.co.uk, an online real estate agent in the U.K., raised £9 million ($11.6 million U.S.) from its existing investors, including Episode 1 VC, Maxfield Capital, Spire and Startive Ventures. The round was led by JXC Ventures, another existing investor.
Agents’ Mutual Limited, the agent-owned company which operates U.K. real estate site OnTheMarket.com, announced its intention to list (here) on the AIM market of the London Stock Exchange late this year. And, to drop the controversial "one-other-portal" rule on listing day.
99Home Ltd, a hybrid estate agency in the U.K., relaunched itself complete with what it calls “the best value and the most reliable hybrid real estate service”. A hybrid estate agent employs a blend of online services and locally-based property agents.
Zoopla Property Group (ZPG), the owner of several of the U.K.'s leading real estate platforms, including Zoopla.co.uk and Primelocation.com, is to become a 1-percent shareholder in Propertyfinder Group (PFG), the Dubai-based online real estate company.
In the past week, real estate news sources in the U.S. have been dominated by Zillow Group’s Instant Offers. The new program, which allows prospective home sellers to receive instant offers on their homes, has been covered across the industry, with the reaction - as one would expect – largely negative.
Buy-to-let landlords prefer Rightmove.co.uk and Zoopla.co.uk to smaller websites, according to new research from insurance broker Simply Business.
Mark Witherspoon, director of data services at Zoopla Property Group (ZPG), joined the board of Barbon Insurance Group (Barbon). Witherspoon joined the Barbon board as non-executive director. Barbon provides a tenant referencing service to the residential lettings sector (under its Rentshield Direct brand), and offers focused insurance products for tenants and landlords (via its HomeLet brand). Witherspoon has previously held leadership roles at companies such...
Zoopla Property Group (ZPG) acquired residential property data company Hometrack for an undisclosed amount, and said the acquisition was another step on the road to ZPG becoming "the U.K.’s most valuable residential property resource".
The fight for market share between the U.K.’s top real estate sites continues, as Zoopla Property Group (ZPG) claimed to have welcomed back 100 estate agent branches from OnTheMarket in the past three months.