Globrix is a UK based property search rather like that at Nestoria which will automatically list and link properties from thousands of estate agents' websites that fit the customer's criteria.
Clive Milner, group managing director of News International, said: "Through its digital and print media, News International is one of the largest single players in the UK property media market, so this investment is about us remaining at the forefront of what's happening commercially and technologically.
"Globrix is set to be a truly disruptive business in the online property search marketplace -- it essentially turns the economics upside down and creates an unparalleled consumer offering from an innovative business model."
Nestoria bill themselves as a pure property search engine owned by Lokku Limited who are a small group of London-based entrepreneurs and are privately funded.
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source: homesgofast.com
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