Purplebricks jv springs into German market

Online estate agent Purplebricks has announced that it has teamed up with its second largest shareholder, German published Axel Springer, to enter the German market. The partners have formed a joint venture vehicle, NewCo, to take a 25.9% stake in German online estate agent, Homeday, which reflects an investment of around £11.1m by Purplebricks. Click […]