harry hill
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Latest property news
Two big estate agency names join hybrid agency’s board
Purplebricks founder Kenny Bruce joins as NED while Harry Hill has been appointed Chairman, saying estate agency is 'still ‘a people business'.
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Latest property news
Brutal industry reaction as Purplebricks looks for ‘new ownership structure’
When Purplebricks announced on Friday it was looking for a buyer it didn’t take long for the knives – and jokes – to come out. Industry reaction has been both funny and brutal.
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Latest property news
Final battle for control of Purplebricks to be fought today
Troubled estate agency is to canvass its shareholders on who should be the firm's chairman - incumbent Paul Pindar or industry veteran Harry Hilll.
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Latest property news
Purplebricks power struggle showdown – shareholders to decide
Motions to replace chairman Paul Pindar and replace him with veteran Harry Hill will be voted on at a general meeting.
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Latest property news
Activist investor makes bold move to oust Purplebricks boss
Adam Smith has called a meeting of all shareholders to decide if Harry Hill should replace Paul Pindar at the top.
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Latest property news
Estate agency’s short-lets launch goes head-to-head with Airbnb
JLL says its Short Stays initiative will offer travellers and business people access to properties within professionally-managed blocks.
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Latest property news
Lavanda raises $5m investment to legitimise Airbnb-style rentals
Lavanda, a technology platform enabling institutional real estate portfolios to profit legitimately from Airbnb-style homestays and homesharing, has secured a $5 million Series-A round led by Henley Ventures.
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Latest property news
Rental voids service Lavanda raises £4m from UK venture capital firm
Service enables agents to fill properties with Airbnb and Booking.com guests between rentals and has previously been backed by former Rightmove and Purplebricks bosses.
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Latest property news
Countrywide break-up now a possibility, claims former chairman
Former Countrywide chairman Harry Hill has said that he believes an aggressive break-up of the company could now “be a possibility”. The comments came as he hit out at the Alison Platt years, suggesting that the company’s habit of replacing “seasoned professionals” with retail-background management was a mistake. Harry (pictured, left) is also critical of the current non-exec chairman of Countrywide for his lack of property experience. This is Peter Long, who gained much of his track record in the travel industry and who has stepped in to run the company until a replacement is found for Platt. “City reaction has been very muted and most people close to the company appear to think that recruiting a high calibre person will be difficult, and any recovery process will probably [also] be slow and difficult,” he told website Dealmakerz. Although the Countrywide share price has bombed since the New Year falling from £1.35 a share in January to a low of £0.78p earlier this month, its share price has begun a mild recovery. Crunch time? Following early morning trading today it now stands at £0.90p a share. But crunch time for Countrywide is likely to arrive on the 27th April when…
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Latest property news
Former commercial property giant Movehut sold for £55,000
Movehut, the commercial property portal once tipped to be the next Rightmove which at one point had Rightmove founder Harry Hill as its chairman and was backed by TV presenter Carol Vorderman, has had most of its assets sold off by the administrators for £55,000. The payment, by a company linked to the website’s founder Gary Stuart, includes £20,000 for its customer database, £2,500 for fixtures and fittings at its Newcastle-under-Lyme offices and £12,500 for the intellectual property attached to its software including the website and domain name, and £5,000 for its existing customers contracts. Unsecured creditors are owed £207,900 says administrator Kevin Lucas of Lucas Johnson Insolvency Practice, who also says Movehut Ltd will soon move from administration to liquidation. AIM listing Movehut launched in the early noughties and by early 2013 was claiming to be the largest commercial property website in the UK with over 100,000 listings and soaring web traffic. It also had plans for an AIM listing that would have valued the company at £10m. But then the Movehut story began to fall apart. Harry Hill (pictured, left) and Chief Executive Justin Bates left the company in October 2013 and, although Carole Vorderman fronted ads for…
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