Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Rightmove to buy HomeViews for £8m in cash

(Sharecast News) - Property portal Rightmove said on Thursday that it has agreed to buy HomeViews for £8m in cash. HomeViews is the UK's biggest community of verified resident reviews of property developments, with a particular focus on the build to rent sector.

"It helps prospective residents make more informed decisions about where to live, as well as providing rental operators and developers with a powerful research and marketing tool to help them better understand their residents' experiences," Rightmove said.

The company's data platform, HomeViews Pro, is also used by the build to rent industry to better understand resident experiences and trends across the sector.

Chief executive Johan Svanstrom said: "The HomeViews team has built an impressive platform that gives consumers additional useful information to make decisions. It also provides valuable feedback for industry operators, especially in the build to rent sector, which is an exciting and fast-growing segment of the UK property market.

"This acquisition provides Rightmove with yet another opportunity to further enrich our market-leading property information set for UK consumers and to create new and effective relationship tools for our build to rent operator partners. We're very excited to have Rory and the entire HomeViews team onboard."

Share this article

Related Sharecast Articles

Berenberg hikes target price on Babcock
(Sharecast News) - Analysts at Berenberg raised their target price on engineering services firm Babcock from 885.0p to 910.0p on Friday, stating the group was "charting a profitable course".
Naked Wines reiterates FY guidance
(Sharecast News) - Retailer Naked Wines said on Friday that reiterated its full-year guidance on Friday as the group revealed its FY25 performance was continuing to track in line with internal expectations.
Government and regulators slammed over water industry failings
(Sharecast News) - The public spending watchdog has slammed both government and the UK's water regulators, claiming they have failed to drive sufficient investment in the ailing sector.
Alphabet results beat forecasts, shares jump
(Sharecast News) - Shares in Google-parent Alphabet sparked on Friday, after quarterly earnings at the US tech giant beat expectations.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.