Tariq Ahmed Saeedi | November 29, 2023 | Real Estate
Suumo.jp, a real estate marketplace owned by Recruit Holdings, has once again been named the best property marketplace in Japan by research company Oricon Inc. A...
Ben Salisbury | November 29, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Rightmove presented details of its medium-term strategy and how it plans to respond to new competition from CoStar Group’s takeover of OnTheMarket at a Capital...
AIM Group | November 29, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Australia-based property recommendation app Soho has raised funding of A$750,000 ($497,000 U.S.) from Singapore-based Feedback Ventures, valuing it at more than...
Damian Shore | November 29, 2023 | Real Estate, PropTech & IBuying
France-based proptech company Unlatch is finding the Costa del Sol on the south coast of Spain a lucrative market, El Español reports. According to Unlatch, a...
Damian Shore | November 29, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Proptech startup PropHero is on course to more than double its revenue to €10.0 million ($11.0 million U.S.) this year, according to co-founder Pablo Gil. Like...
Ben Salisbury | November 28, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Rightmove has outlined plans to grow its business by 170% over the next five years and reach revenue of £600 million ($762 million U.S.) and £420 million in EBITDA...
Damian Shore | November 28, 2023 | Automotive, Real Estate, Marketplaces, Financials / Deals
Revenue at the Classifieds division of Spain-based media company Grupo Vocento rose by 5.0% year on year (y-o-y) to €20.7 million ($22.7 million U.S.) during the...
AIM Group | November 27, 2023 | Real Estate, Financials / Deals
Canada-based proptech companies have raised more than CA$1.5 billion since June 2022 with more than 30 funding rounds exceeding CA$10 million each, according to a...
Ben Salisbury | November 27, 2023 | Real Estate, Financials / Deals
Rightmove has issued a trading update ahead of its Capital Markets Day event later today, during which the company will set out its plans to accelerate revenue and...
Damian Shore | November 27, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Ireland-based Offr, which offers white-label technology for estate agents that shows live bids on a property, has raised €2.1 million ($2.3 million) in funding,...
Damian Shore | November 27, 2023 | Real Estate, Niche Marketplaces
Spain-based Cocampo has added some 1,700 listings from Grupo Santander subsidiary LandCo to its marketplace for land, website EjePrime reports. According to...
Damian Shore | November 27, 2023 | Real Estate
Since its launch last year, Offers by Daft --- a free online auction service provided by Ireland-based real estate marketplace Daft.ie --- has seen a total of...
Ben Salisbury | November 24, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
A leading investment bank has outlined potential issues facing Rightmove’s market position following CoStar Group’s offer for and potential acquisition of...
AIM Group | November 23, 2023 | Real Estate, People on the Move
Digital Classifieds Group (DCG) has named a new chief marketing officer Salvatore Britti and appointed Mohammad Rafatnejad as its chief operating officer....
Damian Shore | November 23, 2023 | Automotive, Real Estate, Marketplaces
Just before the announcement of a $15 billion take-private offer for Adevinta by a consortium led by Blackstone and Permira earlier this week, Adevinta published...
Jacopo Natali | November 23, 2023 | Real Estate, Financials / Deals
Singapore-based real estate marketplace PropertyGuru saw revenue grow 13% year on year (y-o-y) to SGD39 million ($29.2 million U.S.) in the third quarter of 2023,...
Ignacio Landivar | November 23, 2023 | Real Estate, PropTech & IBuying, People on the Move
Berlin-headquartered hybrid real estate agency McMakler has cut 58 jobs, attributing the layoffs to “the ongoing market situation.” This is the fourth round of...
Ben Salisbury | November 22, 2023 | Real Estate, PropTech & IBuying
U.K.-based real estate marketplace OneDome has released a new fast conveyancing service after completing a successful 12-month trial period. During the trial...
Tariq Ahmed Saeedi | November 22, 2023 | Real Estate, Financials / Deals
Real estate specialist Lifull Group has earmarked JPY1 billion ($6.7 million U.S.) for the second regional revitalization fund targeting real estate development...
Nik Flegont | November 22, 2023 | Real Estate, Marketplaces, Financials / Deals
Cian, a leading real estate marketplace in Russia, saw revenue grow by 44% year on year (y-o-y) in Q3 2023 to RUB3.2 billion ($33.2 million U.S.), according to its...
Hasan Aga | November 22, 2023 | Real Estate, PropTech & IBuying
Egypt-based real estate marketplace Aqarmap has launched an AI-generated app in Saudi Arabia, designed specifically for would-be real estate investors. Aqarmap...
Damian Shore | November 22, 2023 | Automotive, Real Estate, Recruitment, Marketplaces, Financials / Deals
Adevinta published its financial results for Q3 2023 two days earlier than planned — on Nov. 21 — after a private equity consortium led by Blackstone...
Jacopo Natali | November 21, 2023 | Real Estate
PropertyGuru Group's Indonesia-based real estate marketplace Rumah.com is to cease operations at the end of November. 61 employees will be laid off as a result of...
Ben Salisbury | November 20, 2023 | Real Estate, PropTech & IBuying, Financials / Deals, People on the Move
OnTheMarket’s activist investor Brett Stone has made further criticism and given more advice about CoStar Group’s proposed takeover of OnTheMarket as he tries to...
Damian Shore | November 20, 2023 | Real Estate, Marketplaces, Niche Marketplaces
Real estate marketplaces — particularly those focused on second homes — in Spain and elsewhere in the EU will receive a boost if the EU relaxes...
Nik Flegont | November 20, 2023 | Real Estate
Roskachestvo, Russia's product quality assurance watchdog, has carried out an audit of real estate search applications to see how well moderators spot fake ads and...
Greg Spencer | November 17, 2023 | Real Estate, Financials / Deals
Dwellsy.com, a newcomer rental marketplace that claims to have the most comprehensive set of listings in the U.S., has raised $11.5 million in seed funding. Ulu...
Tariq Ahmed Saeedi | November 17, 2023 | Automotive, Real Estate
Meta will no longer support sellers to create vehicle and real estate listings on Facebook Marketplace in Turkey, the AIM Group has learned. The action will not...
Ignacio Landivar | November 17, 2023 | Real Estate, People on the Move
Berlin-based hybrid real estate agency McMakler has appointed Philipp Niemann (LinkedIn profile) as its chief revenue officer. He will be responsible for the...
Nik Flegont | November 17, 2023 | Real Estate
Having transitioned to a transactional model for short-term rentals, Avito Real Estate --- a subsidiary of Russia-based marketplace horizontal Avito --- is now...
