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Rightmove buys build-to-rent focused reviews site HomeViews Platform

1st Feb 2024 11:12

(Alliance News) - Rightmove PLC on Thursday announced the acquisition of HomeViews Platform Ltd, with HomeViews Chief Executive Officer Rory Cramer set to remain at the helm.

Rightmove, a London-based online real estate agency, said HomeViews "is the UK's biggest community of verified resident reviews of property developments, with a particular focus on the build-to-rent sector."

HomeViews CEO Cramer said: "Joining Rightmove gives us a brilliant opportunity to expand our services for our partners and other stakeholders. Rightmove's brand leadership, its ongoing digital and product innovation, and the breadth and depth of its reach across the UK property market make this a fantastic combination. We can't wait to start working together to leverage those benefits for the rapidly expanding build to rent market."

Rightmove shares were up 1.6% to 569.20 pence each on Thursday morning in London.

By Tom Budszus, Alliance News slot editor

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Copyright 2024 Alliance News Ltd. All Rights Reserved.


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