SUBSCRIBERS

PropNex to take over agents from China Real Estate unit

It says latest industry consolidation will give it 'greater strength in marketing major projects'

Nisha Ramchandani

Published Wed, Feb 20, 2019 · 09:50 PM

Singapore

CONSOLIDATION in the real estate agency industry continues, with PropNex Realty entering into a strategic collaboration with a wholly-owned indirect unit of China Real Estate Grp (CREG) which will see it absorbing salespeople from Global Alliance Property (GAP).

GAP - which operates under the Century 21 franchise…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes