Real Estate | AIM Group https://aimgroup.com Interactive Media and Classified Advertising Consultants Sat, 01 Nov 2025 18:22:54 +0000 en-US hourly 1 https://aimgroup.com/wp-content/uploads/2019/02/cropped-favicon-96x96.png Real Estate | AIM Group https://aimgroup.com 32 32 Zillow Q3 2025: Profitable growth, rentals up 41% https://aimgroup.com/2025/10/31/zillow-q3-2025-profitable-growth-rentals-up-41/ Fri, 31 Oct 2025 15:25:45 +0000 https://aimgroup.com/?p=766892

Zillow reported profitable double-digit revenue growth in Q3 and continued acceleration of its reinvigorated rental business despite ongoing legal challenges from regulators and its arch-rival CoStar Group.
The Seattle-based company posted $676 milli...

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Scout24 Q3 2025: 15% revenue growth y-o-y https://aimgroup.com/2025/10/30/scout24-q3-2025-15-revenue-growth-y-o-y/ Thu, 30 Oct 2025 19:33:32 +0000 https://aimgroup.com/?p=766296

Revenue at Germany-based Scout24 Group --- which operates the real estate marketplace ImmoScout24 --- grew by 15% year on year (y-o-y) to €166 million ($191 million) in Q3 2025, according to the company’s financial statement.
“We delivered strong Q3 ...

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Square Yards Q2 FY25-26: Delayed product launches hinder proptech division https://aimgroup.com/2025/10/30/square-yards-q2-fy25-26-fintech-arm-outpaces-proptech-growth/ Thu, 30 Oct 2025 14:11:22 +0000 https://aimgroup.com/?p=765988

India-based real estate marketplace Square Yards has posted INR4.5 billion ($51.4 million) in overall revenue for the three months to September 2025 (Q2 FY25-26), up 43% year on year.

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CoStar Group: 20% revenue growth in Q3 marks 58th consecutive quarterly increase https://aimgroup.com/2025/10/29/costar-group-20-revenue-growth-marketplaces-notch-profits/ Wed, 29 Oct 2025 17:54:32 +0000 https://aimgroup.com/?p=765074

Incredibly, CoStar Group has posted a 58th consecutive quarter of double-digit revenue gains, with its burgeoning data and marketplaces businesses growing and making a profit, according to the company’s Q3 2025 earnings release. The U.S.-based proper...

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Wong Wun Wun Daisy replaces Rhonda Wong as co-CEO of OhMyHome https://aimgroup.com/2025/10/29/wong-wun-wun-daisy-replaces-rhonda-wong-as-co-ceo-of-ohmyhome/ Wed, 29 Oct 2025 10:42:21 +0000 https://aimgroup.com/?p=764816 Singapore-based, NASDAQ-listed real estate marketplace OhMyHome has announced that Wong Wun Wun Daisy has replaced co-founder Rhonda Wong as co-CEO. The latter has also resigned as CFO.

She assumed the role on Oct. 22, 2025, working alongside co-CEO Novianto Tjhin, according to a regulatory disclosure. Daisy joined the company as chairman in February this year.

She is now primarily responsible for strategy at the company. With more than two decades of experience, she specializes in project management, enterprise resource planning and business strategy. Companies she has worked for include Chak Ho Group, Fu Kwan Warehouse Co. Ltd. and Zog Group Ltd.

Rhonda Wong, who has held the roles of co-CEO and CFO — as well as being a director of the company — since its inception in 2016, will continue to lead the company’s operations in the Philippines, Malaysia, and Singapore, according to her LinkedIn post.

Wong’s new job title is “CEO for operations in Singapore, Malaysia and the Philippines,” the Business Times reports.

“Wong’s resignation was not a result of any disagreement with the company’s operations, policies or procedures,” OhMyHome said, adding that it would be filling the vacant CFO role soon.

“Chill everyone! I’m still running OhMyHome! So many texts today — my phone is low battery at 10:40am. Thank you for the love!” she wrote on LinkedIn.

“The listed entity on NASDAQ now has its own professional management team in place to oversee corporate operations, while I continue focusing on growing our core business and serving our customers.”

Founded in 2016 by sisters Rhonda and Race Wong (the latter is also an actress and singer), OhMyHome also operates in Malaysia and the Philippines. Offering home sale, rental and renovation services, it reportedly manages more than 12,000 properties.

In 2024, OhMyHome’s net loss narrowed by 20.9% year on year to $3.4 million. In December last year, it launched HomerAI, which it described as “a one-stop shop for all home-related needs.”

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Cian Group discloses dividend amounts for 2025 and 2026 https://aimgroup.com/2025/10/28/cian-group-discloses-dividend-amounts-for-2025-and-2026/ Tue, 28 Oct 2025 23:10:04 +0000 https://aimgroup.com/?p=764083 The board of directors of Cian Group IPJSC, the operator of the largest Russia-based real estate marketplace has recommended to shareholders the pay-out of dividends for the first nine months of 2025 in the amount of RUB104 per ordinary share. December 12 was proposed as the date for compiling the list of persons entitled to receive dividends. A shareholder general meeting to consider the proposal has been convened for December 1.

Cian CEO Dmitry Grigoriev clarified that for technical reasons, the company will not be able to pay out the entire amount of accumulated operating profit at this time, and he expects the next dividend to be paid in mid-2026 at about RUB50 or more per share, taking into account the accumulated operating profit remaining at the end of 2025, as well as the profit earned in 2026.

Additional rounds of exchange

The Group’s shareholder structure retains depository receipts of Cian Plc (now CN IJSC), whose holders were unable to participate in the main exchange for shares of Cian IJSC this spring. To ensure they receive a special dividend, the company announced the decision to conduct additional rounds of exchange of CN IJSC shares for shares of the publicly traded Cian IJSC. These rounds will take place after the automatic and forced conversions, the terms and conditions of which the company will announce separately.

Exchange after automatic conversion

On October 21, the automatic conversion of Cian PLC depositary receipts into shares of CN IJSC began. This procedure only affects those depositary receipts held by Russian depositories. The automatic conversion is expected to be completed no later than November 12, 2025.

Next, shareholders of MKAO CN will be offered an exchange of their shares for shares of Cian IJSC. This process is planned to be completed before the dividend cutoff date of December 12, to provide exchange participants with the opportunity to receive a special dividend.

Exchange after forced conversion

The forced conversion applicable to Cian Plc’s receipts in foreign depositories has not yet begun. According to Russian law, it cannot be initiated until December 15, i.e., after the dividend cutoff date.

Therefore, participants in the forced conversion of receipts into shares of CN IJSC and their subsequent exchange for shares of Cian IPJSC will be entitled to compensation for the special dividend amount. This compensation will be paid as part of the exchange of CN IJSC shares for shares of Cian IPJSC, and the details will be disclosed at the launch of the exchange, the company said.

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VNV Global writes down Housing Anywhere valuation, EBay closes Tise acquisition https://aimgroup.com/2025/10/28/vnv-global-writes-down-housing-anywhere-valuation-ebay-closes-tise-acquisition/ Tue, 28 Oct 2025 16:08:50 +0000 https://aimgroup.com/?p=762820

Sweden-based investment company VNV Global wrote down the net asset value of its 29% stake in mid- and long-term real estate marketplace HousingAnywhere by 15.6% during the first nine months of the year to $36.1 million, based on a forward-looking EV...

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AtHome introduces rule-based AI for property emails https://aimgroup.com/2025/10/28/athome-introduces-rule-based-ai-for-property-emails/ Tue, 28 Oct 2025 16:02:53 +0000 https://aimgroup.com/?p=763127

Japan-based real estate marketplace AtHome.co.jp has launched a dynamic comparison comment system designed to enhance its users' property search experience by emailing recommended properties with clear reasons for each recommendation.
The new system ...

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In-app messaging, virtual staging among Zillow’s new features https://aimgroup.com/2025/10/28/in-app-messaging-virtual-staging-among-zillows-new-features/ Tue, 28 Oct 2025 15:29:08 +0000 https://aimgroup.com/?p=762817

Real estate marketplace giant Zillow is introducing messaging, allowing buyers and their co-shoppers to chat and share listings within its app. Each listing conversation is organized in a single thread. According to Zillow, more than 60% of would-be ...

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Beike Holdings Inc upgraded to AA ESG rating by Morgan Stanley https://aimgroup.com/2025/10/27/beike-holdings-inc-upgraded-to-aa-esg-rating-by-morgan-stanley/ Mon, 27 Oct 2025 23:37:20 +0000 https://aimgroup.com/?p=761495

Morgan Stanley Capital International (MSCI) has upgraded ESG (Environmental, Social, and Governance) rating of the leading China-based online real estate business Beike Holdings Inc. from ‘A’ to ‘AA’, a third consecutive rating upgrade since 2023.
In...

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Fotocasa Brain answers 34,000 user questions in its first 12 months https://aimgroup.com/2025/10/27/fotocasa-brain-answers-34000-user-questions-in-its-first-12-months/ Mon, 27 Oct 2025 08:58:10 +0000 https://aimgroup.com/?p=760160

Since its launch 12 months ago, Fotocasa Brain has answered more than 34,000 questions about the Spanish housing market, according to the real estate marketplace.
“The purpose of this artificial intelligence platform is to offer immediate, accurate a...

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Avito Real Estate issues 100,000 free insurance policies https://aimgroup.com/2025/10/26/avito-real-estate-issues-100000-free-insurance-policies/ Sun, 26 Oct 2025 22:07:14 +0000 https://aimgroup.com/?p=759630

The real estate vertical of the largest Russia-based classified Avito has issued 100,000 free insurance policies to landlords who rent out properties long-term. The promotion was launched in collaboration with AlfaStrakhovanie insurance business of A...

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ImmoScout24 launches AI assistant HeyImmo https://aimgroup.com/2025/10/26/immoscout24-launches-ai-assistant-heyimmo/ Sun, 26 Oct 2025 14:19:31 +0000 https://aimgroup.com/?p=751961

Germany-based real estate marketplace ImmoScout24 has revealed its new, freely accessible AI assistant, HeyImmo, which "guides users through their entire property journey with genuine expertise --- from searching for their first flat to buying their ...

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FangDD to issue $34M convertible note for AI asset acquisition https://aimgroup.com/2025/10/25/fangdd-to-issue-34m-convertible-note-for-ai-asset-acquisition/ Sat, 25 Oct 2025 23:15:54 +0000 https://aimgroup.com/?p=758059

Fangdd Network Group Ltd., a China-based proptech company, has announced that it has entered into a convertible note purchase agreement under which it will issue a convertible promissory note in a principal amount of $34.3 million to an unnamed inves...

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Homes.com regains California listing feed https://aimgroup.com/2025/10/24/home-com-regains-california-listing-feed/ Fri, 24 Oct 2025 16:58:37 +0000 https://aimgroup.com/?p=754671 Homes.com has regained access to California for-sale listings after the state’s main multiple listings service threatened to cut off the site’s data feed.

ReCore Solutions, a provider of data licensing for the California Regional Multiple Listing Service (CRMLS), had filed suit against Homes.com and its owned CoStar Group due to a reportedly unpaid subscription bill. ReCore had also threatened to cut off Homes.com’s listing feed, potentially neutering the site in the most populous state in the country.

However, the parties have settled. CRMLS posted a statement on its website Thursday Oct. 23, reading:

“CoStar Group and CRMLS are happy to announce that they have renewed their long-term agreement under which Homes.com will continue to receive CRMLS listings. An action filed Tuesday by REcore concerning such listings is being dismissed with prejudice. CoStar Group and CRMLS are delighted to continue their long-standing relationship with no interruption in the flow of CRMLS listings to Homes.com.”

U.S. property portals such as Homes.com and Zillow gain listings feeds from MLS’s by obtaining brokerage licenses and registering with the services as brokerages. But unlike actual brokerages, which get the listings feeds as a membership benefit at no extra costs, portals pay extra.

ReCore told industry news site Inman that Homes.com agreed to pay about $2 per listing displayed on the portal.

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Property Finder appoints Fernando Fanton as CPTO https://aimgroup.com/2025/10/24/property-finder-appoints-fernando-fanton-as-cpto/ Fri, 24 Oct 2025 13:20:56 +0000 https://aimgroup.com/?p=754593 Fernando Fanton

Fernando Fanton; Source: LinkedIn

Dubai-based real estate marketplace Property Finder has announced the appointment of Fernando Fanton as CPTO. He joined the company in June, according to his LinkedIn profile.

Fanton joins Property Finder from Munzo Bank, where he was chief product officer. Earlier in his career, he was CPTO at both Latin America-based ‘super app’ Rappi and delivery app Just Eat.

He is also a founding partner in Brazil-based Karvi, an auto marketplace for used cars in Latin America.

Fanton has a bachelor of applied science degree in engineering and computer science from the Technical Institute of Buenos Aires and an MBA in finance and marketing from the Wharton School. He was also a finalist at the Math Olympics XXI in 2001.

Fanton’s responsibilities at Property Finder will include designing and executing a long-term product and technology strategy and creating, launching and managing new products and services.

Earlier this month, the company revealed that it had raised $250 million in debt financing.

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51 Home employs intelligent learning app to test real estate agents https://aimgroup.com/2025/10/23/51-home-employs-intelligent-learning-app-to-test-real-estate-agents/ Thu, 23 Oct 2025 21:45:44 +0000 https://aimgroup.com/?p=754408

51home (also known as Woaiwojia, 515j, I love My Home), a leading China-based real estate brokerage, has begun testing over 10,000 agents in an annual ‘stars exam’, an ‘industry yardstick’ for measuring agent service quality, Xinhua news agency repor...

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Dubai-based Property Finder buys stake in Stake https://aimgroup.com/2025/10/23/dubai-based-property-finder-buys-stake-in-stake/ Thu, 23 Oct 2025 21:06:00 +0000 https://aimgroup.com/?p=753981

Dubai-based real estate marketplace Property Finder has announced an investment in fellow Dubai-based real estate fractional investment company Stake, for an undisclosed amount.
“We’ve seen first-hand how Stake has grown from a promising startup to a...

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Homes.com to lose feed from huge California listings service https://aimgroup.com/2025/10/23/homes-com-to-lose-feed-from-huge-california-listings-service/ Thu, 23 Oct 2025 17:06:41 +0000 https://aimgroup.com/?p=754329

By Taylor Anderson
Inman News © 2025
A leading provider of multiple listing service data feeds announced on Tuesday that it had sued Homes.com parent CoStar and would soon cut off the portal’s access to listings for one of the nation’s largest MLSs.
...

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Hemnet Q3 2025: Net sales, operating profit decline in “challenging property market” https://aimgroup.com/2025/10/23/hemnet-q3-2025-net-sales-operating-profit-decline-in-continued-challenging-property-market/ Thu, 23 Oct 2025 15:58:14 +0000 https://aimgroup.com/?p=753861

Net sales at Sweden-based real estate marketplace Hemnet declined by 1.5% year on year (y-o-y) to SEK367 million ($38.9 million) in Q3 2025, while its operating profit fell by 7.8% to SEK173 million.
EBITDA dipped by 5.9% y-o-y to SEK195 million ($20...

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