‘Disappointed’ REA Group abandons Rightmove takeover
'We were disappointed with the limited engagement from Rightmove that impeded our ability to make a firm offer within the timetable available,' says REA boss. 'They had nothing to lose by engaging with us.'
What to read next
Murdoch’s REA considers multi-billion pound Rightmove takeover
Aussie property giant is mulling 'a possible cash and share offer for the entire issued and to be issued share capital of Rightmove.'
OnTheMarket shareholders approve CoStar takeover
Over 90% of OTM shareholders that voted approved CoStar's acquisition of the property portal.
Rightmove rejects £5.6bn takeover bid from Murdoch’s Australian property portal business
News Corp-controlled REA Group put forward a 'non-binding indicative proposal' to buy Britain's dominant property portal.
Most read
Savills consolidates flagship PCL teams
Big-brand agency is relocating its Knightsbridge operations to Sloane Street.
St John’s Wood mansion trades in £29mn deal
Latest NW8 mega-deal revealed in official records.
Super-prime buying ‘flurry’ drives London’s £5mn+ market
New analysis reveals how many high-value sales went through in Q2, plus which outer-prime neighbourhood has joined London's top three £5mn+ enclaves for the first time.
High-profile buying agency toasts 20 years in business
Sloane Square-based firm reveals acquisition record and says industry shifts have made the market 'increasingly difficult' for buyers to navigate.
Resi developer’s global survey reveals ‘what the world thinks of London’
London Square research finds the capital leading the pack for careers and resi investment, with overseas sentiment more upbeat than the domestic narrative might suggest.
Veteran sales director joins Douglas & Gordon
Former Aspire, KFH and Fine & Country operator joins London agency's self-employed network.
Super-prime agent vents fury at ‘ransom note’ portal bill
Trevor Abrahmson has shared Glentree's internal numbers to highlight how much each lead costs.
Mapped: How Prime London prices & rents have shifted over the last three months
Latest data reveals what's been happening at neighbourhood level.
International buyer picks up £7.9mn St John’s Wood pied-à-terre
Longstanding listing changes hands as wealthy buyers continue to target large family homes in NW8.
What do the wealthiest want? Four questions, 32 experts, ten key findings
'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
LATEST ARTICLES
Full-floor shell penthouses atop Park Lane ‘Grande Dame’ building seek £50mn
Agents instructed on 19,000 sq ft with planning for four big laterals in Art Deco landmark overlooking Hyde Park.
What do the wealthiest want? Four questions, 32 experts, ten key findings
'Something has shifted at the very top of the market,' declares LPF boss Priya Rawal after consulting a panel of luxury property insiders.
Savills reports surging European demand for London’s top-end rental homes
Tenants from the continent accounted for a quarter of the agency's £5k-a-week-plus deals in H1, up from less than 10% a year ago.
UK millionaire population falls to lowest level since Global Financial Crisis
Think tank estimates a 7% decline in the national millionaire headcount last year.
Burnham ‘rules out’ scrapping Stamp Duty in the next Budget
But other reports suggest the new government is 'actively looking' to replace council tax & stamp duty with a new system.