Terralink takes 100% ownership of Zoodle

Terralink International Limited has taken 100% ownership of Zoodle Limited, providers of New Zealand’s most popular consumer property information website www.zoodle.co.nz.

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Terralink International Limited has taken 100% ownership of Zoodle Limited, providers of New Zealand’s most popular consumer property information website www.zoodle.co.nz.

Launched in 2009 as a joint venture between Terralink and Realestate.co.nz, Zoodle was the first website of its kind to offer consumers a one-stop-shop for detailed information about properties and the communities surrounding them.

Both Realestate.co.nz Limited and its CEO Alistair Helm have now sold their shareholdings to Terralink International Limited.

Terralink Managing Director Mike Donald says Kiwis’ love affair with property and their growing demand for online information have helped drive Zoodle’s success.
“Kiwis are keen to know about everything that affects property values, and they are increasingly keen to do their own research online to arm themselves with information. Zoodle provides these insights, simply and quickly,” says Mr Donald.

The Zoodle website now averages more than 150,000 visitors a month, and numbers are growing.

“With record low interest rates and growing numbers of homebuyers entering the market, it’s more important than ever for people to have the most accurate information available when making decisions involving property.”

With Zoodle now wholly owned by Terralink, Mr Donald says the company’s wealth of property data and expertise can be fully leveraged to make Zoodle an even sharper tool for consumers.

“Zoodle will continue to enjoy a successful and active partnership with Realestate.co.nz Limited. Terralink will also reinvest significantly in content and enhance the platform to ensure that Zoodle remains New Zealand's number one consumer-oriented, web based, property information service.

“With the most up to date and accurate data on New Zealand’s 2 million plus properties, Terralink is well placed to make Zoodle every Kiwi’s first stop for property information,” Mr Donald says.

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