SUBSCRIBERS
Australian digital ad firm invests in iProperty
Published Thu, Jul 31, 2014 · 10:00 PM
[SINGAPORE] REA Group, an Australian digital advertising business and affiliate of News Corp, has come on board to become one of iProperty Group's major shareholders.
It has taken over French property portal SeLoger.com's 17.2 per cent stake, worth A$106 million (S$123 million).
With this, it is now iProperty's second largest shareholder, while international online investment firm Catcha Group remains its largest shareholder.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
HDB resale prices up 1.8% in Q1; rental market slows down
Singapore’s private home prices up 1.4% in Q1, rents drop by 1.9%: URA
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
Singapore office rents in central region fall 1.7 per cent in Q1 over Q4: URA
Homebuyers shun new real estate in Vancouver, hurting builders
US pending home sales jump in March to hit highest in the year