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PropertyGuru buys publisher of luxury property magazine

Its third acquisition to-date since it was founded in 2006, its buying of Ensign Media would further PropertyGuru's objectives to provide "clearer market transparency" to homeseekers and investors, and offer more marketing options to partners, real estate agents and developers in Asean, chief executive Steve Melhuish told BT on Wednesday.


FOR an undisclosed amount of "millions of dollars" in "cash terms", local property site PropertyGuru has acquired Ensign Media - publisher of regional luxury property magazine Property Report and owner of real estate awards programme the Asia Property Awards, BT has learnt.