Rightmove Plc - Acquisition
01 Febrero 2024 - 4:17AM
UK Regulatory
Rightmove Plc - Acquisition
PR Newswire
LONDON, United Kingdom, February 01
RIGHTMOVE
PLC
Acquisition
of HomeViews Platform Limited
Rightmove
plc, the UK's largest property portal, today announces the
acquisition of HomeViews Platform Limited ("HomeViews") for a cash
consideration of £8 million.
HomeViews
is the UK's biggest community of verified resident reviews of
property developments, with a particular focus on the build to rent
sector.
It helps
prospective residents make more informed decisions about where to
live, as well as providing rental operators and developers with a
powerful research and marketing tool to help them better understand
their residents' experiences.
Its data
platform, HomeViews Pro, is also used by the build to rent industry
to better understand resident experiences and trends across the
sector.
HomeViews
CEO, Rory Cramer, will continue to
lead the HomeViews team following the acquisition.
Rightmove's
CEO Johan Svanstrom said:
"The
HomeViews team has built an impressive platform that gives
consumers additional useful information to make decisions. It also
provides valuable feedback for industry
operators, especially in the build
to rent sector,
which is an exciting and fast-growing segment of the UK property
market. This acquisition provides Rightmove with yet another
opportunity to further enrich our market-leading property
information set for UK consumers and to create new and effective
relationship tools for our build to rent operator partners. We're
very excited to have Rory and the entire HomeViews team
onboard."
HomeViews
CEO Rory Cramer said:
"Joining
Rightmove gives us a brilliant opportunity to expand our services
for our partners and other stakeholders. Rightmove's brand
leadership, its ongoing digital and product innovation, and the
breadth and depth of its reach across the UK property market make
this a fantastic combination. We can't wait to start working
together to leverage those benefits for the rapidly expanding build
to rent market."
ENDS
Notes to
editors
For more
information, please contact Amy
Murphy at the Rightmove Press Office on
amy.murphy@rightmove.co.uk
Rightmove (LSE:RMV)
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Rightmove (LSE:RMV)
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