Tagged: michael bruce

PurpleBricks Receives £125 Million Investment from Axel Springer, Plans Further Expansion into US Property Market

Purplebricks Group plc (AIM: PURP), a “hybrid estate agent,” has received a £125 million strategic investment from German conglomerate Axel Springer via its subsidiary of Fünfundachtzigste Vermögensverwaltungsgesellschaft mbH. Following the investment, Axel Springer will own approximately 11.5% of Purplebricks. Concurrently, Purplebricks will appoint Dr Andreas… Read More

Real Estate Agents Disrupted: PurpleBricks Expands into Australia

  Purplebricks Group (AIM: PURP), a UK-based hybrid estate agent providing a new way to buy, sell or let property, has launched its business in Australia, 28th August 2016, with an initial regional focus on Melbourne and Brisbane before rolling out nationally. CEO Michael Bruce… Read More

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