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OpenRent is an online letting agent and property service provider, founded in 2012. It is a UK-based startup company focused on technological solutions to property rentals. [ 1 ] It claims to be the largest letting agent in the UK based on number of properties, boasting over 5 million users as of 2022.
The Property Trust Group is a property investment group, the ultimate holding company of which is PT Holdings Limited, based in Bermuda. The group owns a portfolio of commercial buildings in the United Kingdom through its subsidiary The Property Trust plc, which is registered in London. The principals of the group are Anthony K.C. Cheng and ...
Between 2013 and 2014, Starwood also acquired three British hospitality groups: De Vere Group for £ 232 million, [18] Four-Pillars Hotels for £ 90 million, [19] and Principal Hayley Group for £ 360 million. [20] In February 2014, Starwood Property Trust spun off Starwood Waypoint Residential Trust, a single-family rental real estate ...
Pretium was formed in 2012 by Donald Mullen who was a Partner at Goldman Sachs. [2] [4] [5] [6] Mullen was the head of Goldman Sachs’ mortgage and credit business and was one of the main architects behind the bet against the U.S. housing market in what became known as "The Big Short."
In 1989 it acquired Channel Hotels & Properties and in 2003 it acquired Bradford Property Trust. [2] From 1987 to 2002, Quentin Wallop, 10th Earl of Portsmouth, was a non-executive director, [3] and as of 1999 he owned 16.55% of the equity, making him the firm's largest shareholder of the company. [4]
In 2010 when Simon Property Group attempted to purchase the Trafford Centre, insiders saw Whittaker as "formidable opposition" and a "very astute, very clever and a very good businessman". [12] One such example of his astute business mind was convincing the BBC to reject three other sites across Manchester to move to MediaCityUK in Salford Quays .
OnTheMarket.com is a United Kingdom property portal similar to Rightmove and Zoopla. In October 2023, it was announced that the firm would be acquired by CoStar Group for £99 million. [1] On December 12, the Washington, D.C.–based property data company reported having completed the purchase of OnTheMarket plc. [2]
Opendoor then makes necessary repairs before relisting the property. By following this process, the company is known as an "iBuyer" in the real estate industry. [29] Through this process, Opendoor carries an inventory of homes. In 2019, the company reported that the average time a property is held by the company is 90 days. [6]