British hybrid real estate agency Doorsteps.co.uk has reportedly sold hundreds of millions of dollars worth of property -- without advertising. It has also made 19-year-old founder Akshay Ruparelia (LinkedIn profile) the youngest person on The Sunday Time's 2018 Rich List.
Germany’s No. 2 property portal, Immowelt, was named the top portal in a user survey for the first time, beating No. 1 site IS24.
Japanese Rakuten Lifull Stay Inc., which is co-owned by Rakuten Inc. (51 percent) and Lifull Co. Ltd. (49 percent), officially launched its vacation rental marketplace VacationStay on Friday.
Parent companies of Apartments.com and Realtor.com today forged an agreement whereby properties listed and advertised on Apartments.com will automatically appear on a network of real estate websites, thereby extending audience reach for advertisers.
AtHome Co. Ltd., which operates property site AtHome in Japan, is working with tech firm Adobe Systems Inc. to introduce a cloud-based document management system, to streamline real estate business.
Leading French property verticals SeLoger and Logic-Immo have both revamped their separate sites devoted to the construction segment, with the aim of making it a meeting place for architects, developers, and individuals seeking advice on starting a new construction project.
Another Australian consumer watchdog is investigating Purplebricks, the low-cost real estate agency based in the U.K., three months after it was fined $20,000 AUD ($15,747 U.S.) for misleading consumers in Queensland about its fees.
A consortium of private lenders will provide DomaCom --- a fractional property investment company in Australia --- with a lending line of $100 million AUD ($75.6 million U.S.) that will go towards the future acquisition of property worth $250 million AUD ($188.9 million U.S.).
Opendoor announced a $325 million Series E funding round with major investors from the tech and real estate sectors. The lead investors are General Atlantic, Access Technology Ventures and homebuilder Lennar. New investors include Andreessen Horowitz, Coatue Management, Invitation Homes and Uber founder Travis Kalanick’s 10100 Fund, with participation as well from existing investors Norwest Venture Partners, Lakestar, GGV Capital, NEA and Khosla Ventures.
Japanese Internet firm NestRest has launched a property search engine dedicated to foreign students looking for accommodations called StudenDorm.com.