Breaking Property News – 03/06/24

June 3, 2024

Daily bite-sized proptech and property news in partnership with Proptech-X.

 

The Property Franchise Group’s acquires part of nurtur.group in £20M deal

Press Release London 03/06/2024 – TPFG growth continues with the acquisition of The Guild of Property Professionals and Fine & Country.

We are pleased to announce that The Property Franchise Group PLC (TPFG) has acquired The Guild of Property Professionals and Fine & Country (part of nurtur.group).

The combined business will comprise of a network of over 1,800 outlets across the UK and internationally, bringing together a wealth of experience and expertise.

Iain McKenzie, comments on behalf of The Guild of Property Professionals and Fine & Country, “Myself, Nicky Stevenson and the Senior Management Team are genuinely delighted and excited by the opportunities created by our two businesses coming together, placing The Guild Members and Fine & Country Licensees under an established and growing organisation, broadening TPFG’s geographical footprint.

We have a proven track record of delivering innovation and marketing services to our Members and Licensees, and as a consequence of now being part of a larger group our customers will benefit from existing supplier partnerships, allowing us to introduce significant additional benefits”.

Gareth Samples, CEO of TPFG added “The latest acquisition continues to deliver on our wider strategy of delivering breadth and depth to our network, further enhancing TPFG’s recurring revenue streams. I am really excited about working alongside Iain McKenzie and the team to continue the growth across the Group and providing additional benefits to our network”.

Andrew Stanton, ex NED of nurtur.accelerator & CEO of Proptech-X & Proptech-PR comments, “Knowing the strengths of all the businesses in this ‘marriage’ the vast strategic strength of aligning both UK and global brands is a perfect fit, and I know that Iain & Nicky will add a significant depth of experience to the already vast amount of wisdom within the Property Franchise Group, which with Gareth Samples at the helm looks to dominate the agency vertical”.

 

Andrew Stanton Executive Editor – moving property and proptech forward. PropTech-X

Andrew Stanton

CEO & Founder Proptech-PR. Proptech Real Estate Influencer, Executive Editor of Estate Agent Networking. Leading PR consultancy in Proptech & Real Estate.

You May Also Enjoy

Rightmove logo
Breaking News

Ten years on: More first-time buyers moving to cities while the coast stands still

New ten-year analysis of the property market shows that more first-time buyers are looking to move to cities, while the coast has seen no growth in new buyers First-time buyer demand to move to Great Britain’s 50 largest cities (excluding London) is up by 16% on average over the last ten years, with Dundee topping…
Read More →
Breaking News

Homeowners in England and Wales overvalue their properties by an average of 16%

Homeowners in England and Wales are overestimating the value of their property by an average of 16%, according to new figures. Data from Quick Move Now compares homeowner estimates with formal estate agent valuations and is broken down by both region and property type. Overall, homeowners overvalue in every single category.   Regional breakdown Region…
Read More →
Visual blemishes on Roads due to service upgrades
Estate Agent Talk

Emergency Sidewalk Repairs: When to Act and Who to Call

Sidewalks are the unsung heroes of city infrastructure—quietly assisting tens of millions of footsteps every day. But when they crack, disintegrate, or shift all of sudden, they might quickly turn out to be volatile liabilities. In a town like New York, in which pedestrian site visitors are constant and belongings proprietors are legally chargeable for…
Read More →
Breaking News

Reapit report reveals agents’ long-term market confidence amid legislative challenges

Despite the significant challenges posed by a shifting economic landscape and the largest wave of housing legislation in decades, estate and letting agents remain steadfast in their confidence about their long-term future in the industry. According to the first Reapit Property Outlook Report 2025, covering the full breadth of sales and lettings agency opinion countrywide,…
Read More →
Breaking News

Owner-Occupiers Drive Resilient Commercial Property Market

Buying Becomes 37% Cheaper Than Renting The latest Commercial Property Demand Index from specialist property finance expert, Rangewell, reveals that while investor appetite across the sector held steady in Q2, strong levels of owner-occupied commercial mortgage activity are helping drive market performance, as business owners increasingly move from renting to buying their long-term premises for…
Read More →
Breaking News

One year of Labour: Property market performance review

Investors left waiting for planning reform and incentives but majority plan to increase real estate allocation   Biggest failures: Lack of incentives for developers and investors, and ineffective planning reform Top priorities: Planning reform, tax incentives, and attracting international capital Where opportunities lie: Data centres, warehousing & logistics, and later-life housing Real estate debt is…
Read More →