PHOTO: OneRoof.
Media company NZME has finalized the purchase of the remaining 20 percent of shares in OneRoof, a move valued at $2.1 million. This transaction solidifies NZME’s ownership of OneRoof at 100 percent, and the payment will be disbursed over a series of scheduled installments, extending up to July 2026.
NZME’s CEO, Michael Boggs, emphasized the significance of OneRoof within the company’s strategic framework. He noted that since its inception in 2018, OnGreen Bay Packers customized jerseys adult sex toys for sale jordan 1 cheap sex toys online nike air jordan 11 legend blue cheap adidas shoes nike air jordan 4 red adidas online store jordan 4 military black black nike air max custom basketball jerseys best wigs adidas outlet mlb custom jerseys eRoof.co.nz has significantly disrupted the real estate sector. Over the span of five years, it has evolved into a highly regarded and extensive property platform, garnering respect from agents, the real estate industry as a whole, as well as property sellers, buyers, investors, and the wider public.
Recognizing the growth potential and untapped opportunities in the property industry, NZME sees this acquisition as a pivotal step forward. As the New Zealand real estate market displays positive signs of recovery, NZME anticipates the ongoing expansion of the OneRoof platform well into the future.
This acquisition is the result of NZME exercising its option, which was initially granted in 2018, to buy out the remaining shares from its joint venture partner, Hougarden.com Limited. The process is expected to conclude by the end of the current week.
Boggs conveyed gratitude towards Hougarden for their significant partnership with both OneRoof and NZME. He highlighted the anticipation of maintaining a positive relationship with Hougarden in the role of a service supplier for OneRoof in the forthcoming years.
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