Ben Salisbury | August 08, 2022 | Real Estate, People on the Move
Departing OnTheMarket.com CFO Clive Beattie is to join British proptech company Nurtur.group as its new CFO. OnTheMarket.com announced last week that Beattie will...
AIM Group | August 06, 2022 | Real Estate
Real estate marketplace BatDongSan has unveiled an information section on its website to give buyers and sellers guidance on market and price trends and other key...
Deb Stowe | August 05, 2022 | Real Estate, PropTech & IBuying, People on the Move
Redfin has appointed Joe Rath as director of industry relations. The IBuyer said that Rath would “build Redfin’s relationships with multiple listing services,...
Deb Stowe | August 05, 2022 | Real Estate, PropTech & IBuying, Financials / Deals
OpenDoor has seen its second-quarter revenue surge by 254% year over year, to reach $4.2 billion. Gross profit also soared by 206% to $486 million over the period,...
Deb Stowe | August 05, 2022 | Real Estate, PropTech & IBuying, Financials / Deals
Redfin has reported a 29% rise in second-quarter revenue year over year, taking the total to $607 million. Gross profit fell by 6% to $118 million, while real...
David Loji | August 04, 2022 | Real Estate
LaHaus is launching a new luxury ownership model in Colombia, LaHaus Fraction. The timeshare-style service will allow buyers and investors to acquire a share in...
Deb Stowe | August 04, 2022 | Real Estate, PropTech & IBuying, Financials / Deals
OfferPad has seen year-over-year second-quarter revenue surge by 185% to $1.1 billion. Net income grew by 26% to $11.6 million over the same timeframe, while gross...
David Loji | August 04, 2022 | Real Estate, Financials / Deals
Mudafy, a Latin America-based tech-enabled real estate broker, has raised $10 million U.S. in a Series A investment round led by Founders Fund. The end-to-end real...
Tariq Ahmed Saeedi | August 05, 2022 | Real Estate, Marketplaces, Financials / Deals
Homes.co.jp or Lifull Home’s revenue declined to Y6.3 billion ($46.7 million U.S.) in the April-June period from Y6.6 billion a year ago, according to its earnings...
Prabhu | August 04, 2022 | Real Estate
India-based real estate marketplace Square Yards launched a digital escrow service for secure property transactions. According to a report, homebuyers and tenants...
AIM Group | August 03, 2022 | Real Estate, Marketplaces
Opendoor, the U.S. IBuyer that this week agreed to pay a $62 million fine for deceptive practices, followed that announcement by the Federal Trade Commission with...
Pavel Marceux | August 03, 2022 | Real Estate, Marketplaces, People on the Move, REPORTS
Co-founder takes helm in first change for more than 15 years New CEO to apply technical expertise in transactions, digital tools Will also take charge of...
Tariq Ahmed Saeedi | August 04, 2022 | Automotive, Real Estate, Recruitment, Financials / Deals
Marketplaces operator Kakaku.com reported strong growth for its job site KyuJinBox and decent progress by real estate marketplace Sumaity in Q1 of FY2022/23 (to...
Ben Salisbury | August 03, 2022 | Real Estate, Financials / Deals
British real estate hybrid portal PurpleBricks has published its delayed financial results for the year to April 2022. Operating during a buoyant period for the...
Ben Salisbury | August 03, 2022 | Real Estate, PropTech & IBuying, Financials / Deals
Built AI closed a £2 million ($2.45 million U.S.) seed funding round to develop further and expand its commercial real estate analytics platform and tackle the...
Davide Rasconi | August 03, 2022 | Real Estate, People on the Move
Italy-based property marketplace Immobiliare.it has appointed Silvio Pagliani as its new CEO. The move comes during a strong evolution of the company’s...
Deb Stowe | August 02, 2022 | Real Estate, PropTech & IBuying
The U.S.’s Federal Trade Commission (FTC) is fining OpenDoor $62 million for duping potential clients into believing they could make more from selling their homes...
Ben Salisbury | August 02, 2022 | Real Estate, People on the Move
Real estate portal OnTheMarket.com announced that its CFO, Clive Beattie, has resigned ‘to pursue another opportunity.’ In a note to the London Stock Exchange, the...
AIM Group | August 02, 2022 | Real Estate, Financials / Deals
According to the earnings announcement, an unexpected surge in residential listings and growing interest in buying promotional products led to a 22.2% increase in...
Ben Salisbury | August 01, 2022 | Real Estate, PropTech & IBuying
Zoopla has unveiled a new sales progression portal for its real estate agent members, enabling them to track sales and earn more revenue. It provides real-time...
Ben Salisbury | August 01, 2022 | Real Estate, Financials / Deals
The U.K.’s leading real estate marketplace, Rightmove released its results for the first six months of FY2022, and once again, the company grew at a record pace....
Alina Zaiets | July 29, 2022 | Real Estate, People on the Move
Cian, the biggest Russia-based real estate vertical, endorsed the joining of Vladimir Verkhoshinsky, chief executive officer at Alfa Bank, on the company’s board...
Tariq Ahmed Saeedi | July 29, 2022 | Real Estate, Marketplaces
Turkey-based horizontal Sahibinden.com introduced a new AI-powered feature, which transforms and converges real estate photos and listing information into video...
Jacopo Natali | July 28, 2022 | Real Estate, Financials / Deals
Singapore-based real estate marketplace 99 Group, which owns 99.co and Rumah123.com, raised $52 million U.S. in its Series C round, led by Gaw Capital Partners, a...
Prabhu | July 28, 2022 | Real Estate, Financials / Deals
India-based real estate marketplace Square Yards posted $16.2 million U.S. in revenue for Q1 FY22-23, which is up 86% year-on-year. Co-founder and CTO Vivek...
David Loji | July 27, 2022 | Real Estate, PropTech & IBuying
LaHaus is launching LaHaus Fraction, a new luxury ownership model, in Colombia. The new service will allow owners and investors to acquire properties for short...
Greg Spencer | July 26, 2022 | Real Estate, Financials / Deals
CoStar reported Q2 FY2022 revenue of $536 million U.S., as strong gains at its core property data product offset continued sluggishness at Apartments.com. The 12%...
Tariq Ahmed Saeedi | July 26, 2022 | Real Estate
Real estate marketplace HepsiEmlak has started offering English-language support to foreigners interested in properties in Turkey, its top executive said....
Damian Shore | July 26, 2022 | Real Estate, PropTech & IBuying
Dublin-based digital property sales platform Offr saw the number of properties listed on its website in Ireland and U.K. rise at an annualized rate of 55% in the...
Damian Shore | July 25, 2022 | Real Estate, PropTech & IBuying
Spanish Proptech firm SpotAHome and neo-insurer Tuio have reached an agreement that will see both owners and tenants who formalize a lease through the...
