Total revenue at real estate group Domain has grown 13 percent in FY18, while digital revenue is up 22 percent ahead of its listing on the Australian Securities Exchange (ASX). Domain has also outlined details of its new insurance venture, expected to launch in December.
Purplebricks.co.uk, the UK hybrid estate agency, is in the midst of a reviews controversy that is widening by the day. The row focuses on the legitimacy and validity of user reviews on two third-party reviews sites: Trustpilot.com and AllAgents.co.uk.
Not to be outdone by the major real estate platforms, Australia’s BuyMyPlace (ASX:BMP) has announced a new partnership with financial services firm FlexiGroup.
With its spinoff from Fairfax Media (ASX: FXJ) and float on the Australian Securities Exchange (ASX) looming ever closer, Domain outlined its ambitions to become a media business in its own right.
Spanish business magazine Actualidad Económica has chosen three classifieds as "start-ups with the brightest future" in its Best Start-ups in Spain Awards, held in association with La Caixa Bank.
OnTheMarket.com CEO Ian Springett has responded to analyst Mike DelPrete's critique of the U.K. property site's upcoming float on the London Stock Exchange, noting that "the overwhelming majority of our members have supported our strategic proposals".
Ukraine’s real estate search engine LUN.ua started offering 3-D property tours for newly-built properties with the help of drones. Outside the Ukraine, LUN.ua operates in 33 countries of the world under the brand name Flatfly.com.
I’ll cut right to the chase: OnTheMarket, the property site challenging Rightmove and Zoopla, does not offer more value to consumers compared to the existing alternatives. It serves no purpose and investing in such a business would be a horrible idea.
Regular Property24.com users may have noticed a new button in the horizontal navigation at the top of the real estate site's home page. Traditionally, the business only accepted listings from real estate agents. Earlier this year the Naspers site widened its target market to include listings by private sellers.
The French competition authority decided to take the examination of the acquisition by Axel Springer of Logic-Immo, the country’s No. 2 property vertical, into the second phase.