This week's funding and investment roundup starts in Germany, where immowelt (part of the Aviv Group) has closed its third acquisition in a month... Europe: immowelt acquires financing broker...
This week's People Roundup starts in Singapore, where nearly 200 people have lost their jobs at PropertyGuru... Asia: PropertyGuru lays off 174 people after privatisation PropertyGuru has announced that...
This week's (vast) Product Roundup starts in Brazil, with yet another GenAI tool launch... Latin America: QuintoAndar introduces GenAI-powered search and pricing tools Brazilian real estate giant QuintoAndar has...
The U.S. real estate giant CoStar has made an all-cash offer to purchase the Australian number two portal Domain, worth A$2.7 billion ($1.72 billion U.S.). Speculation persisted yesterday that CoStar...
Samolet Plus, the Russian real estate services provider part-owned by real estate development giant Samolet, has launched Russia's largest multi-listing system (MLS). Samolet Plus is an end-to-end real estate service,...
The commercial real estate, data services, and residential real estate marketplace operator CoStar Group saw its profits plunge in 2024 as it looks to scale its residential business and fight...
A British real estate agent has filed a petition to investigate Rightmove after the portal operator hit him with an 18% price hike. Shaun Adams accused Rightmove of "daylight robbery"...
The new existential threat to real estate portals now has a name. Up until the last few weeks, there had been plenty of talk about AI disrupting real estate search...
PropertyGuru has announced that 174 employees will lose their jobs, representing more than 10% of its workforce. In an open letter published on the Singapore-based portal operator's website, executive chairman...
This week's people roundup starts in a sombre mood after Redfin announced a major round of layoffs driven by a new partnership with Zillow... United States: 450 layoffs at...
In a weekly news cycle dominated by Zillow, it's only fair to lead with the big blue giant once again! For that reason alone, this week's Product and Services Roundup...
Zillow has been sued over allegations that StreetEasy allowed multiple brokers to list the same unit on the platform, effectively hiding listings from public view. A New York City broker...
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