ImmobilienScout24 goes to Asia

07 Jun 2012
By Christo Volschenk ImmobilienScout24, Germany's biggest real estate portal, acquired an interest in the Singapore-based PropertyGuru Group, owner of South-East-Asia's leading real estate portal. The company said it had acquired "a significant share" in the Group as a "strategic investor" for an undisclosed sum."PropertyGuru Group is the clear market leader in Singap

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Christo Volschenk

Christo Volschenk is managing editor of the news on and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.