Company News

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REA Group Aquisition of Flatmates a ‘Sensible’ Move

A Morningstar analyst quoted by Realestatebusiness (REB) says REA Group's purchase of Flatmates.com.au, announced this week is a 'sensible' move for the company.

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Propertymaputo Upgrades, Relaunches As CasaMozambique

CasaMozambique.co.mz is the new name for Mozambique-based property website Propertymaputo.com, which focused its operations around the capital city of Maputo, but will now offer its services nationwide.

Karan Fossils

CMA Threat Prompts London Agent to Quit OnTheMarket

London agent Ns Suthakaran, the manager director of Karan Fossils agency, has written to OnTheMarket parent company Agents' Mutual seeking to quit his commitment for fear of reprisals from the UK's Competition & Markets Authority (CMA) Estate Agent Today reports.

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One Portal-Multiple Countries: Lamudi to Share How

Lamudi CEO Paul Hermann will explain how to leverage best practice and know-how in emerging markets with one team and product at this year’s Property Portal watch Conference in Bangkok.

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REA Group’s Scott Holmes to Talk Innovation in Bangkok

Multinational digital property business REA Group never rests on its laurels. It will detail its latest product Property Platform at this year’s Property Portal Watch Conference in Bangkok.

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Portal.chat Adds Live Video Chat to its Suite in a World First

Property Portal Watch Bangkok Conference sponsor Portal.chat is leading a new era with the introduction of live video chat functionality for its online real estate industry customers.

AirBNB

Times of India Group Funds Airbnb To Promote Travel

The Times of India Group has invested an undisclosed amount in 'uber-style' accommodation platform AirBnB according to its publication the Economic Times.

NestAway

Series C Round Yields 30M for India’s NestAway

Bangalore-based home rental services startup NestAway has raised $30 million in a series C round of funding led by Tiger Global.

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Agent Search Function Brings in Traffic for REA Group

REA Group has seen 30 per cent in traffic to its Agent Profiles platform driven by the Agent Search capability it launched earlier in the year, according to Realestatebusiness.com.au (REB).

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French Real Estate Site Logic-Immo Adopts ‘Budget’ Listings

French real estate site Logic-Immo.com has decided to offer single listings for smaller agents rather than obligating them to buy packs of ten listings with a twelve-month commitment.