Covid-19 has hit Rightmove revenues ‘ten times’ harder than other portals
Analyst Mike Del Prete has looked into Covid-19's effect on global real estate portal revenues, suggesting that the UK's number one portal has been hit significantly harder than international comparables.
Taking a Hit: How property portals are reacting to Covid-19
Property portals around the world are rallying to retain customers as the Coronavirus lockdown quells market activity; British portals are offering the deepest discounts of all.
Rightmove’s revenue & profits have taken a big hit this year
UK's biggest property portal reports a 34% drop in revenue and a 43% fall in operating profit after offering a 75% discount support package to agents during lockdown.
Property portals are ‘displacing agents’ by ‘moving closer to the transaction’, says proptech expert
'In their efforts to diversify revenue streams, real estate portals are moving closer to the transaction and doing more of the transaction', says Mike DelPrete in an in-depth report on the future of property…
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Grand Retail to Parkside: Agency pens field guide to PCL’s eight ‘villages’
Boutique firm delves into the characteristics of the capital's inner districts & gives each a new identity to help buyers with their decisions.
Revealed: The PCL neighbourhoods where more than 9 in 10 homes sell at a discount
Private bank Coutts tells its clients where to unearth the biggest price cuts in the capital's Golden Postcodes.
Green light for ‘landmark’ mixed-use South Bank scheme
Designs by Foster + Partners and Lipton Rogers for Hines promise to create 400 new homes on a long-vacant prime site on Blackfriars Road.
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