Purplebricks has agreed a sale of its business to online rival Strike for a consideration of £1. It brings an end to...
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![Purplebricks backer removes board representative](/upload/images/Shutterstock-only%20images/Property%20Market/BusinessChain-400x310.png)
A representative of major Purplebricks shareholder Axel Springer has stood down from the online agent’s board. It comes as the beleaguered brand...
07 March 2023
From: Breaking News
![Bring back Bruce? Sack Pindar? What’s next for Purplebricks?](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyNews3-400x310.png)
Purplebricks’ share price hit a new low last week after it announced a strategic review that could lead to the sale...
20 February 2023
From: Breaking News
![Purplebricks: Why shareholders should vote against chairman change](/upload/images/Logos/Purplebricks2019Logo-1-400x310.jpg)
Purplebricks has written to shareholders urging them to reject “disruptive” resolutions calling for chairman Paul Pindar to be sacked and replaced...
24 November 2022
From: Breaking News
![Purplebricks sets date for crunch chairman vote](/upload/images/Logos/Purplebricks-2019Logo-400x310.jpg)
Purplebricks has set a date for a crunch vote over the future of its chairman. It comes after shareholder Lecram Holdings used...
23 November 2022
From: Breaking News
![Major Purplebricks shareholder’s stake down by half - claim](/upload/images/Logos/Purplebricks-2019Logo-400x310.jpg)
Axel Springer’s investment in beleaguered online agent Purplebricks is now worth half its original value, it has been claimed. An article by...
23 November 2022
From: Breaking News
![Purplebricks shareholder doesn’t rule out EGM on chairman position](/upload/images/Logos/Purplebricks2019Logo-1-400x310.jpg)
Estate Agent Today has been told that Lecram Holdings – the investment vehicle of Adam Smith which last week increased its...
11 October 2022
From: Breaking News
![The battle for Purplebricks – who are the main shareholders?](/upload/images/Logos/PurplebricksLogo2020-400x310.jpg)
The apparent battle for the future of beleaguered online agency brand Purplebricks took an interesting turn last week when activist investor...
10 October 2022
From: Breaking News
![Homeday - Purplebricks quietly writes off German expansion](/upload/images/Logos/PurplebricksLogo2020-400x310.jpg)
Hidden amongst the annual results released by Purplebricks on Tuesday – which saw revenue and profits down, as well as a...
04 August 2022
From: Breaking News
![Travel and voucher website pioneer joins Purplebricks board](/upload/images/Logos/PurplebricksLogo2020-400x310.jpg)
Purplebricks backer Axel Springer has replaced its representative on the board of the beleaguered online estate agent. A stockmarket update yesterday said...
22 July 2022
From: Breaking News
![Will Purplebricks quit stock market or 'do a Countrywide'?](/upload/images/library/Purplebricks-2019Logo-400x310.jpg)
Seven years after it launched on the London Stock Market, speculation continues that Purplebricks may be about to de-list and return...
15 February 2022
From: Breaking News
![Self-employed agency expanding beyond London for first time](/upload/images/PropTech%20%26%20Online/PropertyOnline-400x310.jpg)
The Nested online agency, which recently revamped its business model to attract more self-employed agents, is expanding outside London for the...
29 October 2021
From: Breaking News
![Exclusive: £5m to be spent on self-employed agents in 100 areas](/upload/images/Logos/NestedLogo-2020-400x310.jpg)
An online operator called Nested is to spend £5m to promote the self-employed estate agency concept in 100 parts of the...
30 September 2021
From: Breaking News
![German company pours £5m into UK online estate agency](/img/default/eat.png)
A company in the German Axel Springer publishing empire - which also invested in Purplebricks in the past - has put...
31 March 2021
From: Breaking News
![New Purplebricks board member is one of world’s top digital execs](/img/default/eat.png)
Purplebricks has revealed that its new board member is one of the world’s leading digital executives. Dr Stephanie Caspar is the new...
29 July 2020
From: Breaking News
![What next for Purplebricks after latest international sell-off?](/img/default/eat.png)
Purplebricks’ sale of its Canadian operation for some £35m begs the question - where can it now recoup some of its losses...
16 July 2020
From: Breaking News
![Purplebricks director stands down after two years](/img/default/eat.png)
One of the key members of the Purplebricks board has stood down after two years. Andreas Wiele joined the Purplebricks board in...
30 June 2020
From: Breaking News
![Purplebricks predicts hybrid agencies to take 30% market share](/img/default/eat.png)
The chief executive of Purplebricks UK says the struggling hybrid agency is definitely not for sale, despite recent sales of stakes...
21 October 2019
From: Breaking News
![Purplebricks in Canada - is it the agency’s secret success story?](/img/default/eat.png)
Controversy and Purplebricks have gone hand in hand since the agency was first launched in 2012, through its float on the...
18 October 2019
From: Breaking News
![Purplebricks’ biggest investor buys online agency ahead of Euro roll-out](/img/default/eat.png)
The German-based Alex Springer publishing company, which is already the largest single investor in Purplebricks, has acquired a prominent online estate...
30 September 2019
From: Breaking News
![Purplebricks facing shareholder revolt over top brass bonuses](/img/default/eat.png)
Purplebricks is reported to be facing a shareholder revolt this coming week at its annual general meeting because of bonuses paid...
29 September 2019
From: Breaking News
![All eyes on Purplebricks to see if share changes continue](/img/default/eat.png)
All eyes will be on Purplebricks today to see if there is further development in what some believe is a long-term...
20 September 2019
From: Breaking News
![Purplebricks: Woodford sells another slice prompting new speculation](/img/default/eat.png)
Troubled star fund manager Neil Woodford has sold another slice of his share in Purplebricks, prompting further speculation about the future...
19 September 2019
From: Breaking News
![Purplebricks: Woodford reduces his stake for second day in a row](/img/default/eat.png)
Beleaguered fund manager Neil Woodford, one of the first champions of Purplebricks, has reduced his stake in the troubled agency for...
06 June 2019
From: Breaking News
![Woodford slashes Purplebricks stake as rumours swirl on agency's future](/img/default/eat.png)
Beleaguered fund manager Neil Woodford, one of the early champions of Purplebricks, has slashed his stake in the company from 28.9...
06 June 2019
From: Breaking News
![What next for Countrywide and Purplebricks after day of turmoil?](/img/default/eat.png)
Two of Britain’s largest and best known estate agencies have endured a day of turmoil at the hands of investors -...
04 June 2019
From: Breaking News
![Takeover talks held between Purplebricks investors - claim](/img/default/eat.png)
Talks are reported to have been held between Purplebricks leading shareholder, Neil Woodford, and the German publishing group Axel Springer about...
03 June 2019
From: Breaking News
![Purplebricks share price rises on news of big new German investment](/img/default/eat.png)
Purplebricks share price has risen over 10 per cent - at least temporarily - on news of a major expansion of...
03 June 2019
From: Breaking News
![Major Purplebricks backer launches new PropTech start-up fund](/img/default/eat.png)
One of the largest investors in Purplebricks has now joined forces with an off-shoot of luxury car firm Porsche to launch...
21 March 2019
From: Breaking News
![Purplebricks praised for being unbeatable 'with a vast budget for risk'](/img/default/eat.png)
One of the world’s leading PropTech analysts says Purplebricks has turned the UK online/hybrid estate agency business into “a one horse...
09 January 2019
From: Breaking News
![Emoov’s humiliation - the fallout for the industry](/img/default/eat.png)
Whatever one thinks about online estate agencies, it’s a cause of genuine sadness when people lose their jobs - close proximity...
08 December 2018
From: Features
![Are online agencies in trouble? Investors will decide](/img/default/eat.png)
However mild the weather may have been for most of us, it’s a cold autumn for the online estate agency market...
10 November 2018
From: Features
![Purplebricks has 70% of UK online market and confirms expansion](/img/default/eat.png)
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...
15 October 2018
From: Breaking News
![Purplebricks to launch Purplebricks Plus as it seeks 10% market share](/img/default/eat.png)
Purplebricks has told the Press Association it wants to secure over 10 per cent of the agency market share in the...
23 July 2018
From: Breaking News
![More investment in Purplebricks as Axel Springer increases its stake](/img/default/eat.png)
The German publishing company Axel Springer has increased its stake in Purplebricks to 12.5 per cent - and says it may...
09 July 2018
From: Breaking News
![99.98% of Purplebricks shareholders back new investment programme](/img/default/eat.png)
Purplebricks has issued a statement saying that 99.98 per cent of its shareholders have backed the new investment to expand its...
18 April 2018
From: Breaking News
![Purplebricks is changing: Which way will it go?](/img/default/eat.png)
As always seems to be the case with Purplebricks, the hybrid agency has had a good week...and a bad one. Undeniably impressive...
31 March 2018
From: Features
![Purplebricks begins search for lifetime relationship with customers](/img/default/eat.png)
Purplebricks has given details of how it intends to use some of its new investment, and in particular is spelling out...