Archive

Purplebricks has agreed a sale of its business to online rival Strike for a consideration of £1. It brings an end to...

A representative of major Purplebricks shareholder Axel Springer has stood down from the online agent’s board. It comes as the beleaguered brand...

Purplebricks’ share price hit a new low last week after it announced a strategic review that could lead to the sale...

Purplebricks has written to shareholders urging them to reject “disruptive” resolutions calling for chairman Paul Pindar to be sacked and replaced...

Purplebricks has set a date for a crunch vote over the future of its chairman. It comes after shareholder Lecram Holdings used...

Axel Springer’s investment in beleaguered online agent Purplebricks is now worth half its original value, it has been claimed. An article by...

Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...

The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...

Hidden amongst the annual results released by Purplebricks on Tuesday – which saw revenue and profits down, as well as a...

Purplebricks backer Axel Springer has replaced its representative on the board of the beleaguered online estate agent. A stockmarket update yesterday said...

Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...

The Nested online agency, which recently revamped its business model to attract more self-employed agents, is expanding outside London for the...

An online operator called Nested is to spend £5m to promote the self-employed estate agency concept in 100 parts of the...

A company in the German Axel Springer publishing empire - which also invested in Purplebricks in the past - has put...

Purplebricks has revealed that its new board member is one of the world’s leading digital executives.  Dr Stephanie Caspar is the new...

Purplebricks’ sale of its Canadian operation for some £35m begs the question - where can it now recoup some of its losses...

One of the key members of the Purplebricks board has stood down after two years. Andreas Wiele joined the Purplebricks board in...

The chief executive of Purplebricks UK says the struggling hybrid agency is definitely not for sale, despite recent sales of stakes...

Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the...

The German-based Alex Springer publishing company, which is already the largest single investor in Purplebricks, has acquired a prominent online estate...

Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid...

All eyes will be on Purplebricks today to see if there is further development in what some believe is a long-term...

Troubled star fund manager Neil Woodford has sold another slice of his share in Purplebricks, prompting further speculation about the future...

Beleaguered fund manager Neil Woodford, one of the first champions of Purplebricks, has reduced his stake in the troubled agency for...

Beleaguered fund manager Neil Woodford, one of the early champions of Purplebricks, has slashed his stake in the company from 28.9...

Two of Britain’s largest and best known estate agencies have endured a day of turmoil at the hands of investors -...

Talks are reported to have been held between Purplebricks leading shareholder, Neil Woodford, and the German publishing group Axel Springer about...

Purplebricks share price has risen over 10 per cent - at least temporarily - on news of a major expansion of...

One of the largest investors in Purplebricks has now joined forces with an off-shoot of luxury car firm Porsche to launch...

One of the world’s leading PropTech analysts says Purplebricks has turned the UK online/hybrid estate agency business into “a one horse...

Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...

However mild the weather may have been for most of us, it’s a cold autumn for the online estate agency market...

Purplebricks says its performance in the UK “is currently showing double-digit growth year-on-year in monthly instructions.” In a brief UK trading update...

Purplebricks has told the Press Association it wants to secure over 10 per cent of the agency market share in the...

The German publishing company Axel Springer has increased its stake in Purplebricks to 12.5 per cent - and says it may...

Purplebricks has issued a statement saying that 99.98 per cent of its shareholders have backed the new investment to expand its...

As always seems to be the case with Purplebricks, the hybrid agency has had a good week...and a bad one. Undeniably impressive...

Purplebricks has given details of how it intends to use some of its new investment, and in particular is spelling out...

Purplebricks has announced what it describes as “a strategic investment from Axel Springer, Europe’s leading digital publisher” - but this comes...