SeLoger sells its stake in IProperty

28 Jul 2014

Paris-based real estate site sold its 17.2-percent stake in Southeast-Asian real estate platform to REA Group for €75 million ($102 million U.S.). is a subsidiary of Axel Springer Digital Classifieds (ASDC).

In a media statement (<a href="

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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.