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Kindrik Partners advises PropertyNZ on its acquisition by Trade Me

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We’re thrilled to have advised PropertyNZ (Homes.co.nz) on its acquisition by online marketplace and classified advertising juggernaut Trade Me, who operates Trade Me Property, an online real estate platform. Completion of the transaction is subject to Commerce Commission clearance and other conditions.

Homes.co.nz is an online platform for listing real estate and property data. The platform includes property information on over 1.8 million houses, is used as a valuation tool by home owners, real estate agents, and prospective home buyers, and has also expanded in recent years to include solar power calculators and inspiration features – all of which is designed to help New Zealand homeowners manage, maintain, and enhance the value of, their properties.

We’ve advised PropertyNZ since its inception in 2014, including through capital raising rounds as it navigated expansion, so we’re very pleased for the PropertyNZ team to see an exit to an industry leader like Trade Me.

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