Real estate

1 million listings for PropertyGuru

PropertyGuru has reported a doubling of listings on all its sites to reach the 1 million mark. The Singapore-based online property portal group also says it has crossed the 30,000 mark for the number of real estate agents advertising on its websites. PropertyGuru runs portals in Singapore, Malaysia, Thailand (where it’s DDProperty.com) and Indonesia (Rumah.com). In a statement,...

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Redfin acquires Walk Score

Technology broker Redfin just announced its purchase of Walk Score, a tool integrated into many rental sites that lets visitors gauge walkability of properties  – that is, how easy it is to get from home to important places like store, restaurant and coffee shop. It’s the first acquisition for Redfin. “Now together, we can realize a key component of Redfin’s strategy, to get...

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RentPath gets new half owner, Providence

Providence Equity Partners, which recently sold its way out of the former AutoTrader Group, has converted at least some of that 300 percent profit into partial ownership of rental marketplaces.  We’re not surprised, as we reported on the possibility earlier this month. RentPath owner TPG, a leading global private investment firm, has just agreed to sell half its stake in RentPath and its...

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Inman Startup Alley names members

The first eleven innovative startups named to Inman News’ Real Estate Connect NYC Startup Alley have just been named. Here’s the announcement: Inman News Announces the Real Estate Connect NYC Startup Alley Emeryville, CA (October 21, 2014) – Inman News®, the leader in independent real estate and technology news, announced the first 11 companies that will participate in Startup...

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Lamudi reports 670,000 listings globally

Rocket Internet property site Lamudi this week reported more than 670,000 properties to buy or rent, spread across 28 countries around the world as it celebrated its first birthday, citing growth of 116 percent between April and September this year… This content is available to Classified Intelligence Report clients. Want to know more about becoming a...

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Catcha sells down stake in iProperty

Patrick Grove’s Catcha Group has sold down almost 25 percent, or 10,000,000, of its shares in iProperty at $2.63 per share. The announcement was made in an ASX listing dated October 16. Catcha’s Kuala Lumpur-based Rev Asia earlier sold its 27.2 percent stake in iCar Asia. (Read our coverage of that here) Catcha Group runs ASX-listed Southeast Asia and Hong Kong eCommerce business iBuy...

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