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Home / Capital / Sector Focus

APAC Realty buys back franchisees, raises bet on regional expansion, remains upbeat on Singapore

Sector Focus

APAC Realty buys back franchisees, raises bet on regional expansion, remains upbeat on Singapore

Benjamin Cher Published on Mon, Feb 18, 2019 / 7:30 AM GMT+8

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SINGAPORE (Feb 18): As Singapore experiences the effects of the property cooling measures, listed real-estate agency APAC Realty, better known for operating under the ERA franchise, is now looking overseas to diversify from the Singapore property market. In an announcement on Feb 11, APAC Realty showed its intention to expand to Indonesia and Thailand by teaming up with local partners to buy its franchisees in those two markets.

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