PropertyGuru buys publisher of luxury property magazine

Singapore

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.

Its third acquisition to-date since it was founded in 2006, its buying of Ensign Media would further PropertyGuru's objecti…