Investment Summary

iProperty Group Invests In Square Foot

On October 14, 2014, iProperty Group invested in internet software and services company Square Foot from REA

Investment Highlights
  • This is iProperty Group’s 1st transaction in the Internet Software and Services sector.
  • This is iProperty Group’s 1st transaction in China.

Investment Summary
Date 2014-10-14
Target Square Foot
Sector Internet Software and Services
Investor(s) iProperty Group
Sellers(s) REA
Deal Type Stake Purchase

Target

Square Foot

Hong Kong, China
Squarefoot.com.hk, is a media brand in Hong Kong, is dedicated to providing property listings and information on the Hong Kong property market. Company provide a comprehensive media platform, inclusive of a property website and free bilingual magazine that helps you find homes for sale or rent.

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Investor(S) 1

Investor

iProperty Group

Kuala Lumpur, Malaysia
Category Company
Founded 2003
Sector Digital Media
Employees314
Revenue 22M AUD (2014)
DESCRIPTION

iProperty Group Ltd is an online advertising business serving the real estate industry and is the owner of Asia’s No. 1 network of property websites under the iProperty.com umbrella brand.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2014) 1 of 1

Seller(S) 1

SELLER

REA

Richmond, Australia
Category Company
Founded 1995
Sector Internet Software and Services
Employees3,406
Revenue 1.7B AUD (2024)
DESCRIPTION

REA owns and operates the real estate and commercial property advertising sites in Australia, as well as international real estate advertising sites such as the market-leading Italian property site, casa.it. REA was founded in 1995 and is based in Richmond, Australia.

DEAL STATS #
Overall 2 of 4
Sector (Internet Software and Services) 2 of 4
Type (Stake Purchase) 1 of 1
Country (China) 1 of 1
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-27 Realestate.com.au Pty

Richmond, Australia

Realestate.com.au Pty Ltd. is a provider of web hosting, ISP services and web design services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-17 iProperty Group

Kuala Lumpur, Malaysia

iProperty Group Ltd is an online advertising business serving the real estate industry and is the owner of Asia’s No. 1 network of property websites under the iProperty.com umbrella brand.

Buy AU$751M
Mergr

Product

Company

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