JAKARTA/SINGAPORE -- Indonesian media group Emtek has ceased to be an investor in Singapore-based PropertyGuru, having divested its shares as part of the online realtor's recent funding rounds.
Indonesian media group Emtek divests as TPG and KKR keep money in online realtor
Despite the pandemic-triggered global economic downturn, the residential real estate markets in Singapore and other cities have been heating up. © Reuters
JAKARTA/SINGAPORE -- Indonesian media group Emtek has ceased to be an investor in Singapore-based PropertyGuru, having divested its shares as part of the online realtor's recent funding rounds.