Original article by Daniel Palmer
The Australian – Page: 17 : 11-Jan-17

Australian-listed property listings company REA Group will lift its stake in PropTiger to 21 per cent after agreeing to pay $US50m ($A68m) for an additional 14.7 per cent stake in the company. PropTiger is one of India’s largest property listings groups, and its websites include proptiger.com and housing.com. REA, which owns realestate.com.au, recently flagged plans to focus on markets in Australia, Asia and North America.

CORPORATES
REA GROUP LIMITED – ASX REA, REALESTATE.COM.AU, PROPTIGER, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS