Zoopla gets £76m to buy Hometrack in block flat to close

Jon Hay

January 31, 2017 06:30 pm

Zoopla_houses_AP_230x150 — To Let signs stand next to a properties in west London, Tuesday, Aug. 2, 2016. A new study has found that the proportion of people owning their homes in England has fallen to its lowest level in thirty years and that soaring prices have forced millions to abandon the dream of home ownership, with parts of northern and central England becoming increasingly unaffordable. (AP Photo/Alastair Grant) | Alastair Grant/AP

Zoopla Property Group, the UK owner of property search websites, completed an accelerated bookbuild on Tuesday night to raise £76.5m of new capital, to buy Hometrack.co.uk, a property information service.

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Jon Hay