Real estate

Tiger Global invests $30 mil. for mobile

A day after Tiger Global Management LLC was reported to be in the process of raising a $1.5 billion fund, the New York-based part hedge fund/part private equity firm was back in the headlines in India last week for pumping $30 million into the Indian real estate search and classifieds website, Commonfloor.com. With this fifth round of funding, Commonfloor.com has raised more than $50 million...

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News Corp is buying Move Inc.

Media giant News Corp, which owns nearly 62 percent of REA Group, publisher of RealEstate.com.au in Australia, is moving into the U.S. real estate world with the acquisition of Move, Inc., publisher of Realtor.com. In the all-cash transaction News Corp will acquire all the outstanding shares of Move for $21 per share, or approximately $950 million. This acquisition, at the same time that Zillow...

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Property site for ‘plug and play’ products

Former REA Group CEO Simon Baker has teamed up with fellow REA alum James Gray to form Property Portal Accelerators, positioned as a “one-stop-shop to find market leading ‘plug and play’ products and services” for property portals. PPA has announced the launch with six partners – ListGlobally, Transmit, Distil Networks, DIAKRIT, Nestoria Australia and Predictive Match. Read...

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ApartmentFinder named best list service

ApartmentFinder.com Three-peats as Best Internet Listing Service in the Multi-Family Housing Industry For the third straight year, ApartmentFinder.com nabs the top distinction in the Internet Listing Service category of the 2014 Multi-Housing News Technology Choice Awards.   Each successive win sets the bar higher, driving us to continually offer new, innovative tools that provide...

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SpotCRE.com lists commercial properties

Dublin, Ohio-based Exrema Co. has announced the Sept. 29 launch of SpotCRE.com, a nationwide commercial real estate listing site. Shoppers will be able to search at no charge. Sellers will have free as well as paid listing options to be part of this U.S.-wide directory. Here’s the announcement: Exrema Co. announced the launch date of its new commercial real estate marketplace in the...

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PropertyGuru in agreement with Rumah

zv7qrnb Singapore-based PropertyGuru has signed a joint venture agreement with Indonesian integrated media firm PT Kreatif Media Karya (KMK) to beef up local property vertical Rumah.com. PropertyGuru operates in Indonesia under Rumah.com (‘rumah’ in Bahasa Indonesia means house/home) and KMK is the digital business unit of one of Indonesia’s largest integrated media firms, PT Elang Mahkota...

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