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UK property platform reports rising revenue in housing market slump but warns of drop in customer numbers this year
The portal currently appeals to growth and value investors equally
Addendum Vulgarati
Johan Svanström joins from private equity group EQT as company grapples with reversing sharp decline in share price
Peter Brooks-Johnson will leave property portal after six years at the helm
Bullish earnings report shows 2021 was busiest in FTSE 100 group’s 21-year history
Average advertised cost of houses jumps 2.3% to £348,800
Visits to site hit 1.4bn in first six months of this year, up from 845m in same period of 2019
Without a recovery in transaction volumes and listings, a full valuation for the online portal’s shares looks exposed
Online property portal records busiest January despite looming end to stamp duty tax break
Lockdowns have prompted reassessment of people’s housing needs, say agents
Company must not bet the bank on expansion; estate agents have nowhere to go
The online property portal has upset agents with its response to the virus fallout
A weaker housing market means estate agents are quitting the site
Surge points to a resurgent mood in the market for expensive properties
Drop-off in transaction numbers puts property industry under strain
UK property portal reports 11% earnings growth despite slowing housing market
Rummage4Property, the latest challenger, has a tall task ahead
BoE decision to raise rates will sharpen pressure on a sector many love to loathe
Portal’s goal is to turn Rightmove and Zoopla twosome into a threesome
For the UK property portal, the network effect is a powerful source of competitive advantage
Directors on the line as shareholders seek to make boards accountable for actions
New trading limits may prove tough test for would-be ‘professionals’
International Edition