Rightmove agrees new contract with OpenRent
Rightmove
665.40p
16:40 30/01/25
2.15%
14.00p
Rightmove said on Thursday that it had entered into a new membership agreement with online lettings agent OpenRent.
FTSE 100
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17:14 30/01/25
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17:14 30/01/25
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Real Estate Investment & Services
2,446.76
17:04 30/01/25
1.93%
46.43
Shares in the property portal fell sharply on Tuesday after it announced that OpenRent was planning to end its contract with effect from 1 September, as the two had not been able to agree terms.
However, shares jumped on Thursday afternoon on news of a new contract, ending up 2.75% at 532.40p.