UK Property Portal Zoopla is purchased

Recent breaking news shows the UK property portal Zoopla.co.uk has recently been purchase via Calcasa acquisition giving it a market valuation of over £2bn.

It is unknown how this might effect the 30,000 estate agents who currently pay zoopla to advertise their clients properties.

You can read the full story here and please let us know what effect you think this will have on the uk property market and business in this sector as a whole.