PropertyGuru to acquire REA Group (ASX:REA) Malaysia and

25 June 2021

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<h1 style="clear:both" id="content-section-0">The Buzz on PropertyGuru buys over iProperty Malaysia, REA Group<br></h1>

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<p class="p__0">Property, Master will acquire, Brickz. my in Malaysia and thinkofliving. com and Prakard. com in Thailand, strengthening its position as Southeast Asia's Proptech leader Brands to operate individually and home applicants will gain from combined investment in technology and development Agents and designers will take pleasure in bigger reach and simpler access to home candidates REA Group to end up being investor and take a seat on Residential or commercial property, Expert Board SINGAPORE AND SYDNEY, 31 May 2021 Property, Master Group ('Residential Or Commercial Property, Guru' or 'the Group'), Southeast Asia's leading home technology ('Proptech') business and REA Group (ASX: REA), an ASX noted, worldwide digital organization specialising in home markets and information assets, today revealed they have gotten in into an agreement whereby Home, Guru will get all of the shares in REA Group's operating entities in Malaysia and Thailand, which operate i, Residential or commercial property.</p>

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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://play-lh.googleusercontent.com/cTcREgnbVj4GEC8gMU0sieAFyAZLxXT2sR_dpzelvZ0dXJs_eLmz6wz7TydojPKpI0lc" alt="iProperty.com.my Home &amp; Property Investment Fair 2020: Malaysia's first home and property expo of the new decade"><span style="display:none" itemprop="caption">iProperty Malaysia plays up need for well-being in social campaign</span>

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<p class="p__1">my in Malaysia and thinkofliving. com and Prakard. com in Thailand. As part of the agreement, REA Group will receive an 18% equity interest in the bigger Home, Guru Group and select a Director to the Board. The deal is expected to close in July 2021. The acquisitions underpin Home, Guru's technique of being the No.</p>

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<h1 style="clear:both" id="content-section-1">Excitement About Sinyi Realty Malaysia<br></h1>

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<p class="p__2">Home-grown in Singapore, Property, Guru runs leading residential or commercial property marketplaces in five of the most significant Southeast Asian economies. The addition of these services will strengthen Residential or commercial property, Expert's ability to offer home hunters with transparent and easy access to the most extensive set of data, actionable insights, and services to support their homeownership aspirations in Southeast Asia.</p>

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<p class="p__3">com.my and i, Property. com.my are two quickly growing and best-in-class property markets in Malaysia. The 2 brand names have distinct and complementary audiences and the deal will see both brands kept. The acquisition will have the following benefits: It will make it possible for both business to integrate resources, accelerate development and provide improved digital solutions to home candidates, home agents and developers.</p>

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<img class=" <a href=" https: klpropertydeals.com ">This Piece Covers It Well ="max-height:300px;max-width:400px;" itemprop="image" src="https://lifestyle.prod.content.iproperty.com/news/wp-content/uploads/sites/3/2020/01/20104241/MAIN-IMAGE-OPTION-2.jpg" alt="iProperty.com Malaysia's Real Estate Success Stories: Jeremy &amp; Sharmala - YouTube"/&gt;<span style="display:none" itemprop="caption">PropertyGuru acquires iProperty Malaysia with REA Group as strategic shareholder - The Edge Markets</span>

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<h2 style="clear:both" id="content-section-2">Facts About Working at iProperty.com Malaysia Sdn Bhd: Employee Revealed<br></h2>

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<p class="p__4">Leveraging the Group's larger consumer base, it will facilitate higher innovation for and broader inclusion of Malaysian home representatives and developers in the Southeast Asian residential or commercial property community. The acquisitions will also accelerate Residential or commercial property, Expert's ambition of ending up being the "Trust Platform" for the residential or commercial property ecosystem: A platform that connects Southeast Asia's home markets into an efficient community that constructs relied on relationships between representatives, consumers, developers, valuers and banks by driving greater transparency and efficiency.</p>

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