#Proptech company IMMO plans to invest £1 Billion:

IMMO Capital

With plans to invest a whopping £1 billion purchasing property, IMMO will certainly be raising a few eyebrows! The property technology company recently announced plans to re-fit a total of 3,000 private rented sector homes – each identified as having ‘value-added’ opportunities. These purchases are likely to be from current private landlords with plans to…

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#Proptech Company Latchel raises $16.7m

latchel proptech

Property management platform Latchel brings further positive news to the #proptech sector following the raising of $16.7m in Series A funding. In a report released by fintech.global they state that: “The round was led by F-Prime Capital with participation from RiverPark Ventures and existing investors, MetaProp, Bain Capital Ventures, 1984 Ventures, and Hack VC.” Latchel,…

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Only Fools & Horses Café for sale

Tucked under a flyover, oh how glamorous this place sounds, this commercial property can also come with an assured 10 year lease on the premises. Property details include ‘historically turnover circa £500,000’ which would even turn Del Boy’s head! The property can be found on Rightmove and is listed with Christie & Co. The property…

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Italian #PropTech company raises €400 million

casavo

#Proptech is global and despite a hive of activity taking place in the UK we see our neighbouring countries also heating up the sector with massive investments coming in. Reported in tech.eu “Casavo houses €400 million in new funding round, sets sights on France” sees the Milan based ‘residential sales’ platform gives itself the capital…

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Cameron, May and now Johnson have sacked Michael Gove

michael gove sacked

Following on from the resignation of Housing Minister Stuart Andrew earlier on Wednesday we now see Gove leaving the building joining a current total of nearly 40 MPs tendering their resignations in the last 24 hours. Michael Gove, secretary (of state) for Housing, was sacked by Prime Minster Boris Johnson late Wednesday evening (June 6th)…

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Eddisons snap up Budworth Hardcastle for £1.8m

East Midlands based (in two separate locations) commercial property firm Budworth Hardcastle founded in the 1990’s with 18 staff members have been acquired by Eddisons. Budworth Hardcastle is a privately owned multi-disciplinary Chartered Surveying practice which is Regulated by The Royal Institution of Chartered Surveyors – Formerly Marriott Hardcastle and Budworth Brown prior to merging.…

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Portfolio from Savills – Lifestyle & Property

Hitting the ‘property’ themed headlines this week was the release of the ‘Portfolio’ web platform from Savills. The idea behind the concept is to sit alongside the print copy of the magazine (already on volume 5) so to give consumers seeking luxury property the ultimate experience online. It is somewhat of a guilty indulgence for…

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Interview: Mark Hayward and his market forecasts

Residential Expert with Mark Hayward – May 2022 With last week’s relatively uneventful Queen’s speech in the rear-view mirror, now’s the time to assess the current state of the property market and predict what might be round the corner. We spoke to former chief executive of Propertymark and Just Move In ambassador, Mark Hayward, who…

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Move.uk.net expands to Worcester City Centre

Recent news of expansion shows that Gloucestershire Estate and Lettings Agent Move.uk.net opening up in Worcester City Centre seeing it’s 3rd office since launch in 2013. “Move was established by George Tatham-Losh in 2013 and it is now one of the region’s fastest growing property sales and lettings agencies. The business already has two offices,…

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Staying Competitive in a Saturated Market

The last few years have been great for real estate agencies, but increased profit acts as a double-edged sword. With more to gain, the market is growing increasingly saturated with new agencies, making the prospect of staying competitive an increasingly difficult task. While there are many ways to stay ahead, our goals are to ensure…

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£126.5m profits for Foxtons Estate Agents

The team at Foxton Estate Agents, and certainly share holders and those in for bonuses, will rejoice in the 35% revenue increase from 2020 figures. Thanks to the increase of London property (rental) activity following the government relaxing of their rules for coronavirus. Included in the figures will also be the letting portfolio of Douglas…

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