REA Group plans to buy out smaller rival iProperty, giving it exposure to property markets in Thailand, Indonesia, Malaysia and Hong Kong (above). Photo: SCMP Pictures
Rupert Murdoch's News Corp seeks foothold in Asia with $3.2bn buy out of real estate rival iProperty
News Corp’s REA Group plans to buy out smaller rival iProperty for A$580 million, seizing on the target company's footprint in Southeast Asia
REA Group plans to buy out smaller rival iProperty, giving it exposure to property markets in Thailand, Indonesia, Malaysia and Hong Kong (above). Photo: SCMP Pictures