Words: Ashley Rigg

Published: 5th February 2009

PropCap: Move Channel take-over Lead Galaxy

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News just in

• The Move Channel today announced it has bought Lead Galaxy for an undisclosed sum.  It will now adopt a pay-per-lead bidding system similar to the current model employed by Lead Galaxy’. All Lead Galaxy websites (Venture brands) are to be re-directed to The Move Channel.  Director, Dan Johnson told Globaledge a big part of the rationale for the move was to help them compete more effectively on Google.  “The aim is to use the link power of Lead Galaxy’s sites to help The Move Channel reach number one on Google for as many terms as possible. A number one position is worth so much more than even a number two spot.”  A recent study by Globaledge found The Move Channel to be the best optimised overseas proeprty portal.  This move should further enhance their position at the top. Further coverage can be found on OPP 
  

Popular stories

• European property in for torrid year as investors shy away - Property Wire
• 6 arrested in Spain over real estate fraud  - Expatica
• Idea for developers: buy a development get a job free - The Guardian
  

UK

• September 16th 2009: The perfect day to buy your next house - The Telegraph
• 8p a month Mortgage becomes reality in UK  - Hot Property
• Prime London property down 4% in January  - Hot Property

US

• Florida first state to recover  - Adel Realty
• NAR figures show jump in home sales - Housing Wire

Spain

• 3 years to clear Spanish property glut  - Kyero.com
• Spanish bank guarantees dishonoured - Spanish Property Insight
• Illegal UK builders just doing things the Spanish way  - Spanish Property Insight

Bulgaria

• Bulgaria sees first house price decline since the boom - Property Wire

Cyprus

• Cyprus property companies on the brink of bankruptcy –Cyprus Property Magazine
• Russian roulette in Cyprus  – Cyprus Property Magazine

Middle East & Asia

• Dubai rents to fall by a third in 2 months - Arabian Business
• Malaysia to build 25 000 low cost homes - RoL.vn
  
• Demand for rental homes stays strong in Shanghai - Rol.vn

Central & South America

• New site offers property data on South America – International Herald Tribune
• Brazil interest rates will keep dropping - Property Showrooms

Oceania

• Australian visa restrictions lifted - The Move Channel

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