Archive

Belvoir’s shares were temporarily suspended yesterday after the high court approved its high profile merger with The Property Franchise Group. This paved...

Analysts have given their backing to Rightmove’s stock market prospects but there are warnings that it can’t “rest on its laurels”...

OnTheMarket (OTM) has hailed the progress made since its acquisition by CoStar Group and believes it can displace Rightmove. The US-owned real...

Pattinson Estate Agency has announced its second acquisition in as many months. The North East brand has acquired Browns Estate Agents.  The news...

Belvoir shareholders have backed the agency brand's merger with The Property Franchise Group (TPFG), paving the way for the high-profile deal...

The majority of shareholders of The Property Franchise Group (TPFG) have backed a merger of the brand with Belvoir. TPFG and Belvoir...

The UK’s largest housebuilder has agreed a deal to acquire its rival Redrow. The £2.5bn deal, backed by both company boards, would...

Parliamentary news may have been dominated by the fallout from the Rwanda Bill yesterday but another important piece of legislation also...

The chief executive and chief financial officer of Belvoir will lose their jobs if the brand’s merger with The Property Franchise...

OnTheMarket (OTM) can still pursue its original aims of challenging the duopoly in the property portal market, its chief executive Jason...

The chance for estate agents to control their own industry has been lost for good, OnTheMarket founder Trevor Abrahmsohn has claimed. Writing...

CoStar’s takeover of OnTheMarket was sanctioned by the high court yesterday, paving way for the portal’s shares to be delisted by...

OnTheMarket (OTM) chief executive Jason Tebb has declared “our time is now” after shareholders backed a takeover of the portal by...

OnTheMarket shareholders have backed a takeover of the portal by US-owned property brand CoStar UK. It will bring an end to the...

OnTheMarket (OTM) critic Brett Stone has failed to get the Takeover Panel to intervene in the acquisition of the portal by...

OnTheMarket (OTM) critic Brett Stone is still making last-ditch attempts to stifle a takeover of the portal by CoStar UK. Stone, a...

OnTheMarket (OTM) has secured more support for a takeover by CoStar UK. Proxy adviser Glass Lewis has given its backing to CoStar’s...

Property social network and listings website PropertyHeads has staked a claim as the number four property portal in the UK. While much...

Pattinson Estate Agency has acquired a rival brand. The independent agency has announced the takeover of Ryedales Estate Agents, a well-established agency...

Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders back the CoStar UK takeover of OnTheMarket (OTM). The independent advisory firm...

Robinsons Tees Valley Estate Agents is changing its business name following a change of ownership that actually took place two years...

CoStar has defended its operations after a third open letter from OnTheMarket critic Brett Stone attempted to derail the US property...

Agency shareholders of OnTheMarket will vote whether to accept a takeover approach from CoStar UK on 4 December. CoStar, owner of US...

The founders of Mr and Mrs Clarke, who sold the business to Belvoir last year, have left the franchise brand and...

By Simon Shinerock At the time of writing, Rightmove had a market capitalisation of just under £4 billion, down almost 15% on...

The potential takeover of OnTheMarket (OTM) by US property giant CoStar Group could finally provide a viable challenger for Rightmove, it...

OnTheMarket (OTM) has accepted a takeover offer for the business. A stock market announcement this morning, following its interim results, said Co-Star...

OnTheMarket (OTM) has warned of a “challenging backdrop” for agents which may impact the portal’s annual revenue. It comes amid rumours, reported...

Purplebricks staff are facing job cuts just months after the takeover by Strike. A spokesperson for Purplebricks has confirmed rumours that it...

The majority of UK property professionals are confident that their job will not be replaced by artificial intelligence (AI). A survey by...

The gap between online and traditional high street agents has shrunk, the chief executive of Yopa has claimed. Speaking at the Propertymark...

Purplebricks ended its life on the stock market with a share price of 0.30p. It comes as the controversial online brand officially...

The boss of new Purplebricks owner Strike has said he has “exciting plans” for the brands. It comes as Strike was officially...

Shareholders have backed the sale of Purplebricks to online rival Strike. A general meeting was held this morning for shareholders to consider...

A rival offer could be on the cards for Purplebricks. The online brand has revealed that it has received an indicative proposal...

Estate agent comparison site GetAgent has handed a lifeline to struggling Purplebricks sellers. It has announced that it will give home sellers...

Online agent Strike has been granted an exclusivity period to negotiate a possible takeover of its rival Purplebricks. A late stock market...

Investors were licking their wounds yesterday after the Purplebricks’ share price plummeted by 60% off the back of warnings that it...

Smoove has confirmed press speculation that it may be up for sale. The agency and conveyancing software provider issued a stock market...

Belvoir is seeking more acquisitions this year, the agency franchise brand has revealed. The company revealed in its annual results yesterday that...

News of a potential takeover gave Purplebricks’ share price a boost yesterday. Its share price rose 15.5% in a day after Estate...

Purplebricks has confirmed that it has been in discussions with online agency rival Strike regarding a potential takeover offer. As reported by...

Online agency brand Strike is believed to be considering a bid for beleaguered rival Purplebricks. A source close to the talks has...

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

Purplebricks has received “several credible expressions of interest” since putting itself up for sale last month, the online agent has revealed. The...

Purplebricks’ share price has continued falling after it informed the markets that it is up for sale last week. The beleaguered agency’s...

Proptech firm iamproperty is hoping for more acquisitions this year as it plans to create a central ‘eco-system’ where agents can...

A property business acquisition expert has highlighted the challenges Dexters could face in its recent takeover of Marsh & Parsons. Dexters acquired...

Two members of Ellis & Co’s Mill Hill team have joined forces to takeover the office following the death of its...

Zoopla’s homepage may look a little different from today. The portal is supporting homeless charity Crisis’s Christmas fundraising campaign with a homepage...

Dexters is set for more acquisitions in 2022 as agents exit the sector amid concerns over new rules and regulations, its...

The Property Franchise Group (TPFG) is planning more acquisitions after a busy 2021 for buying-up agencies. The umbrella property brand, which incorporates...

Glynis Frew will be stepping down as managing director of franchise giant Hunters from the end of this month after 20...

The man who engineered the takeover of Countrywide by Connells is leaving the agency’s parent company, the Skipton Building Society. David Cutter...

Well, we’re technically more than halfway through the year already, but we’ll let that slide. And what a year it’s been...

EweMove, the high profile hybrid estate agency owned by The Property Franchise Group, says it has recruited a record 30 new...

It’s now over a year since the property market officially reopened after an unprecedented two-month shutdown at the height of the...

A former senior Foxtons and Douglas & Gordon agent has hit out at “the relentless key performance indicator culture” of some agencies. Matthew...

The Property Franchise Group and LSL Property Services are linking up mortgage and related activity. This agreement means that LSL will be...

The veteran estate agent who led criticism of Countrywide’s former management is turning his glare on Foxtons. The London estate agency has...

This time out, I speak to one of the industry’s biggest-hitters. Adrian Gill may have retired from frontline agency, having had...

Welsh independent agency Nuttall Parker has been snapped up by Cardiff-based property business Seraph Group. Newport-centred Nuttall Parker is Seraph Group's second...

In a video interview for Estate Agent Today, property professional Chris Buckler speaks to Ed Mead,  all-round property guru and founder...

Foxtons says it's set for radical new investment and further takeovers following the acquisition of rival London agency Douglas and Gordon. In...

Paul Creffield, a veteran figure at Countrywide involved in a controversy over bonuses, is staying on to “support” the transition into new...

The extraordinary consolidation in the estate agency industry continues apace today with two of the biggest deals reaching critical points. Firstly Hunters’...

epropservices - parent company of The Guild and Fine & Country - has made another significant PropTech acquisition, its second in three...

Connells Group, which is of course acquiring Countrywide, has announced it's snapped up another agency - albeit a much smaller one. It...

Foxtons is in talks to takeover rival London agency Douglas & Gordon. A statement from Foxtons to shareholders this afternoon says: "Further to...

Some 100 new apprentice estate agents are to be recruited in London. Dexters, which has 70 offices across the capital including 12...

At the back-end of last year and the start of this, the biggest news stories in town – besides debates over...

Connells, which already has the explicit support of a majority of Countrywide shareholders for its takeover of the company, has now...

There’s been a flurry of recent activity involving agencies quoted on the London Stock Exchange: Hunters, The Property Franchise Group and...

Today will see a firm decision on whether The Property Franchise Group will take over rival franchise network Hunters.  In early December TPFG...

Connells has cemented its takeover of Countrywide - it now has backing from over 52 per cent of shareholders. In a statement...

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

Hunters has agreed to extend the deadline for talks about a possible takeover by its rival, The Property Franchise Group. In early...

The saga over the future of Countrywide continues with the company urging its shareholders to take “no action” over the latest...

Connells has this morning made a dramatic improvement in its bid to takeover Countrywide. It has increased its cash offer from 250p...

The private equity company which wants to take control of Countrywide has issued a statement saying it now has the support...

The Property Franchise Group has approached Hunters about a possible takeover. Confirmation came this morning in a statement from Hunters, which you can...

The agency industry may look back on this year and say: “Well...to be honest we didn’t really see it coming.” No, no,...

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

Various investors in Countrywide have submitted early online paperwork to The Panel on Takeovers and Mergers - the red tape required to...

Countrywide shares soared yesterday, rising 47 per cent on the previous close at one point as investors relished the prospect of...

Connells has issued a counter statement to this morning’s announcement by Countrywide that a possible takeover is underway. At 7am Countrywide revealed...

It’s been announced this morning that Connells is in takeover discussions with the troubled Countrywide agency group. Countrywide has given Connells until...

An estate agency in Lancashire has been taken over by a hotel group, which pledges to expand and create more jobs. Mikhail...

For a number of years now, predictions have been made that one of the major tech giants will eventually enter the...

It’s no surprise the mainstream news remains dominated by coronavirus - not so much the actual effect of it right now,...

A regional agency says the Coronavirus crisis was the opportunity for it to complete a takeover of a rival company in...

Countrywide shares fell by just over 30 per cent yesterday as the stock market blood-letting continued for property stocks. The value fell 30.86...

Countrywide’s share price has dived over 50 per cent during the course of the day, following news of LSL pulling out...

In a very brief announcement to the City and to its shareholders this morning, LSL Property Services made clear that it...

Purplebricks faces an imminent takeover bid following the collapse of its share price, predicts a leading industry analyst. Andrew Stanton has already...

LSL Property Services says the Coronavirus crisis has led to a softening of "lead sales indicators" - and it warns of...

More than 18 months on from the acquisition of ZPG for £2.2 billion by Silver Lake Partners, a US private equity...

Both Countrywide and LSL Property Services have submitted early online paperwork to The Panel on Takeovers and Mergers, an independent body...

It’s been revealed that under takeover rules, LSL Property Services and Countrywide have until March 23 to make merger or takeover...

Sky News claims that Countrywide and LSL Property Services are discussing a merger to become a £500m super-agency.  In an exclusive it...