iProperty Group Profitable in 2013

Records strong revenue growth and positive operating cash flow in Q4

iProperty Group Ltd (ASX: IPP) the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com) today announced its results for the financial year ended 31 December 2013, highlighted by profitability on the back of strong revenue growth in the second half of the year.

In 2013 the Group had total income of $24 million, up 35% on 2012, with revenue from continuing operations up 23%. Revenue in the second half of 2013 was up 49% ...

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iProperty Group Positive Net Operating Cash Flow in Q4 of 2013

iProperty Group Ltd (ASX: IPP), the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), today released its 4C statement with growth in cash collections driving a net operating cash flow result of A$0.16 m for the quarter. Cash receipts from operating activities for the period amounted to A$5.4 m, an increase of 31% from the corresponding period in 2012.

iProperty Group CEO, Shaun Di Gregorio commented “We are very pleased with the strong ...

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iProperty Group Appoints New CIO

As the owner of Asia’s No.1 network of property portals continues its growth plans, the iProperty Group, today announced the appointment of Harmit Singh as its new Chief Information Officer (CIO).

Reporting directly to iProperty Group’s Chief Executive Officer, Shaun Di Gregorio said that Singh’s appointment and  his outstanding skills is in line with the company’s mission in taking the iProperty Group through its next phase of growth.

“Positioning ourselves with the right people is essential in achieving our mission. We conducted ...

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iProperty Group: Strong Performance Delivers Continued Revenue Growth

iProperty Group Ltd (ASX: IPP) the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com) in Malaysia, Hong Kong and Macau, Indonesia and Singapore today announced total income of more than AUD18 million for 2012 with revenue from continuing operations of AUD15.5 million– an increase of 30% over 2011. The result further consolidates the Group’s leadership position in the region and its ability to capture the movement of advertising spend from traditional media to ...

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IPP to acquire Asia’s second largest property expo company, creating dominant position in Asian property expos

iProperty Group Ltd (ASX: IPP), the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), today announced that it had agreed to acquire Smart Expo, the regions second largest operator of Property Expo’s targeting the highly valuable property developer advertising market. The acquisition will be complement iProperty’s existing property expo business, currently the largest in the region.

iProperty Group CEO, Shaun Di Gregorio commented “The agreement to acquire Smart Expo goes to our strategy ...

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iProperty.com Strengthens Leadership Position in Key South East Asian Market of Malaysia

iProperty Group Ltd (ASX: IPP), the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), today released October performance data further confirming that iProperty.com.my remains the dominant property portal in the key South East Asian market of Malaysia, strengthening the Group’s position in the region.

Data obtained from independent sources, Effective Measure and Google Analytics, has shown that in key quantitative measures; unique visitors, visits and page-views, iProperty.com.my remain the dominant portal in Malaysia. ...

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iProperty Group Hires Senior Management Talent With Key Appointment

iProperty Group Ltd (ASX: IPP), the owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), today announced that it had made a key appointment; Mr Ben Chien has been appointed as General Manager of the region’s leading commercial property portal; CommercialAsia.com. Mr Chien will be based in Hong Kong and his role will be to drive the strategic direction and growth of CommercialAsia.com across the region, leveraging on the iProperty Group’s network of ...

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Offshore Investors Eye Australian Commercial Property ‘Safe Haven’

May 17, 2012

Investors from Hong Kong, Singapore, Malaysia and China are turning to the Australian commercial property market to combat lower local interest rate returns and the threat of continued global economic instability, says new property portal, CommercialAsia.com.

iProperty Group, ASX (IPP), Asia’s number one online property group, has launched the new commercial property website to assist Australian property owners and agents connect with the growing number of Asian investors keen to enter the Australian property.

“Australia’s steady economy and commercial property sector, particularly ...

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Survey Findings by iProperty Reveal that Consumers in Asia Remain Optimistic about the Property Market in 2012

Press Release - February 20th 2012

Kuala Lumpur, February 20th, 2012 – The first cross-market online property survey of its kind by the iProperty Group, Asia’s No.1 network of property websites, revealed that despite the slowing demand from Asia’s key trading partners, consumers in Malaysia, Hong Kong, Indonesia and Singapore had optimistic views on the property market.

Across the four countries surveyed, the survey respondents had somewhat more in common than they had differences. The key similarities include:

  • Majority of people answering the survey in each country had ...
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The iProperty Group Takes Mobile to Greater Heights

30 January 2012

According to the UN’s International Telecommunications Union (ITU), in 2000 there were only 500 million mobile subscriptions globally; by the beginning of 2011, those numbers had mushroomed to over 5 billion mobile users.

As a company that continuously strives to equip its consumers and customers with highly innovative products, the iProperty Group, Asia’s No.1 online property group, today launched their new mobile strategy and development team.

According to The iProperty Group, Chief Executive Officer, Shaun Di Gregorio, the formation of the new ...

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