PropTech

Malaysia’s flexible workspace operator Common Ground expands 100,000 sq ft In 2024

Malaysia’s largest flexible workspace operator Common Ground has expanded their Malaysia portfolio by approximately 100,000 square feet in 2024 via their Enterprise Solutions products and the signing of new locations across Kuala Lumpur.

PropertyGuru CEO Hari V. Krishnan steps down; Lewis Ng appointed as new CEO

Singapore-based property technology firm PropertyGuru Group announced Monday that Hari V. Krishnan will step down as the company's Chief Executive Officer (CEO).

Indonesia’s Bobobox launches five new properties

Indonesian capsule hotel and cabin operator Bobobox said Monday that it has launched five new properties in Indonesia.

EQT completes acquisition of PropertyGuru

EQT Private Capital Asia has completed the acquisition of the Singapore-based property technology (PropTech) company PropertyGuru Group.

Pakistan’s workspace platform COLABS bags $2M in Pre-Series A funding to expand into Saudi Arabia

This latest investment brings COLABS' total funding to over $5 million, positioning the company for strategic expansion into Saudi Arabia and the broader MENA region.

Japan’s estie, inc. raises $20M in Series B led by Vertex Growth & DBJ

The latest round was led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of global investment company Temasek, and Development Bank of Japan (DBJ).

EQT Private Capital Asia acquires PropertyGuru for $1.1B

Hong Kong-based Asian investment firm EQT Private Capital Asia will acquire Southeast Asia leading proptech company PropertyGuru for $1.1 billion.

Malaysia’s WORQ expands co-working space total size to 32,500 square feet

WORQ, a Malaysia-based coworking and flex space provider, has announced an expansion at Menara UOA Bangsar (MUB) on Friday. This is in addition to the firm's existing 15,000 square feet, bringing its total size of the coworking space to 32,500 square feet.

Philippine proptech firm Lhoopa secures $80M in equity and debt

Lhoopa, the Philippine proptech company, has on Tuesday announced the successful completion of its $80 million funding round.

PropertyGuru’s revenue up 12 pct year on year to $27.45M in first quarter

Singapore-based online property portal PropertyGuru said Tuesday that its total revenue increased 12 percent year over year to SGD 37 million ($27.45 million) in the first quarter.