Purplebricks Group Plc (LON:PURP) the hybrid estate agency providing a new way to sell, buy or let property are the topic of conversation when Robin Savage, Research Director at Zeus capital caught up with DirectorsTalk. Robin talks about recruitment of local property experts being ahead of plan, how Purplebricks are able to grow strongly despite the slowdown in the UK housing market and explains long will it take for it’s Australian division to make a material contribution to the group.
Robin Savage joined Zeus Capital in November 2015 as Research Director with focus on Financial Stocks. Prior to Zeus, Robin and the FIG team worked as Corporate Broker to companies including Rathbones, Brewin Dolphin, Charles Stanley, Mattioli Woods, Polar Capital, City of London Group and Mortgage Advice Bureau. Over the past decade Robin has worked on 8 IPOs which have delivered total shareholder returns of over 20% p.a., namely Rightmove in 2006, Secure Trust Bank in 2011, Foxtons and Arrow Global in 2013, OneSavings Bank, River & Mercantile Group, Zoopla and Mortgage Advice Bureau in 2014. Robin originally qualified as a chartered accountant with Coopers & Lybrand in London.
Purplebricks Group Plc is the leading next generation estate agency in the UK and Australia that combines highly experienced and professional Local Property Experts and an innovative use of technology to help make the process of selling, buying or letting so much more convenient, transparent and cost effective. The company is transforming the way people perceive estate agents and estate agency.