Zoopla considering stock market float

Zoopla considering stock market float

Zoopla, the UK’s fastest-growing property website, is considering a float which according to The Sunday Times could see it valued between £1bn and £1.3bn.

Zoopla has appointed Credit Suisse to “explore further strategic opportunities as we continue to grow”.

If the figures are correct they would see Zoopla founder Alex Chesterman getting around £100m, thanks to his 9% stake.

We reported last week that Zoopla Property Group had acquired Trinity Mirror Digital Property.  

The group also launched its biggest-ever marketing campaign, consisting mainly of TV ads.

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