British fund manager, Neil Woodford, has recently sold another chunk of his Purplebricks share and spectators continue to analyze and predict the future ownership of the hybrid real estate agency.
In a recent announcement to shareholders and the City it was revealed that his company Woodford Investment Management Ltd, based in Oxford, had reduced its share in the company from 19.25 percent to 17.64 percent.
As recently as early June Woodford owned almost 29 percent of the company.
It is unknown who has bought Woodford’s latest sell off but there is growing speculation that the Germany publishing giant Axel Springer - already the largest shareholder with over 26 percent - is interested in purchasing the troubled agency.
Read more here
Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.
The Spanish real estate portal Fotocasa has launched a tool that lets its users search for properties by the time...
Read More
The market-leading U.S. real estate portal Zillow has announced a redesign of its listing pages. According to a press release,...
Read More
The latest news to come out of Costar's expected acquisition of UK agent-owned portal OnTheMarket has raised a couple of...
Read More
The BetterHome Group has increased its shareholding in the South African real estate portal Private Property. According to a report...
Read More
