Irish Auction Info
THE Irish Auctioneers & Valuers Institute (IAVI) has sold its Realestate.ie property website to Funda, a Netherlands-based company and one of the biggest online property operators in Europe.
IAVI will receive about €1m initially, with a deal expected to be signed tomorrow. It could receive up to €6m ultimately if certain targets are met over the next 10 years.
As part of the deal, IAVI’s 1,550 real estate agents and auctioneers will continue to be able to use the portal to advertise their properties over the next decade.

Posted: 04|10|06 at 7:48 am. Filed under: UK News.