TLT has advised Savills, on its investment in Yopa, one of the UK's growing online hybrid estate agents focusing on the high volume segment of the UK market.
Savills currently has 700 locations across the globe and over 30,000 employees. This is their first movement into the online space.
The TLT team included corporate partner, John Wood and corporate Associate, Nina Searle. They supported and advised Savills throughout the transaction.
TLT's John Wood said: "With 5 per cent of homes in the UK sold through online estate agencies, this is a strategic investment for Savills and it was great to be working alongside the Savills team to deliver this transaction for the shareholders. It sees our long-standing client take an interest in the high volume segment of the market comprising over 1 million transactions annually, to which Savills has had little exposure to date."