PropertyNZ completes successful investment round

PropertyNZ completes successful investment round

Wellington-based start-up PropertyNZ Ltd has successfully completed its first external investment round for the soon-to-be launched website homes.co.nz.

PropertyNZ CEO John Holt said the new website would bring together a wide range of data and information for people interested in property to view, at no cost. “Buying, selling and maintaining a home is a significant challenge for most of us. We’re focused on helping Kiwis make smarter decisions no matter where they are at on their property journey.”

Mr Holt said people interested in the Wellington property market would be the first to benefit from homes.co.nz, with plans to extend coverage nationwide over the next few months. Pre-registrations are available on the website and launch plans would be announced “soon”.

He said he was excited about the company’s prospects given New Zealand’s love of all things property, and its new backers. “We were rapt to have great support from some of New Zealand’s most successful investors and business people. We’re also pleased that online marketplace Trade Me has acquired a 13 per cent stake.”

ENDS

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