Company Tag: Rightmove

REA Group's £6.1bn proposal 'continues to be unattractive and materially undervalues the Company and its future prospects,' says Rightmove.

'We are genuinely disappointed at the lack of engagement by Rightmove’s Board,' says the boss of Aussie property listings business REA Group, as the News Corp-controlled company makes a third bid for…

Asking prices have jumped up by twice as mush as the long-run average for this time of year.

Rightmove suggests factors driving a flurry of top-end property listings include falling mortgage rates, speculation around a Capital Gains Tax rise, and more choice for buyers.

News Corp-controlled REA Group put forward a 'non-binding indicative proposal' to buy Britain's dominant property portal.

Property portal warns that 'it has become more attractive for some landlords to leave the rental sector rather than to continue to invest in it, due to rising costs, taxes, and legislation.'

Australian property portal operator REA Group is 'considering' a cash and share offer for Britain's £4.4bn property portal.

Aussie property giant is mulling 'a possible cash and share offer for the entire issued and to be issued share capital of Rightmove.'

The number of homes listed for sale on Rightmove jumped 23% in the first two weeks of August.

Housing market activity is running well ahead of last year, prompting the property portal to anticipate a 1% increase in average asking prices through 2024.

Property portal makes a song & dance with its latest marketing push.