ERA Realty Network

The power couple - THE EDGE SINGAPORE

Special Feature

The power couple

Parents and partners for life, Eric Goh and Tracy Teo share their secret to being the ‘it couple’ in the real estate industry

Results

APAC Realty posts 48% drop in 4Q earnings to $4.1 mil on lower revenue

SINGAPORE (Feb 28): Real estate agency APAC Realty, which operates the ERA brand, has announced a 48.1% drop in earnings to $4.1 million for the 4Q18 ended December, from $7.9 million a year ago, on the back of lower revenue.

In print this week

APAC Realty buys back franchisees, raises bet on regional expansion, remains upbeat on Singapore

SINGAPORE (Feb 18): As Singapore experiences the effects of the property cooling measures, listed real-estate agency APAC Realty, better known for operating under the ERA franchise, is now looking overseas to diversify from the Singapore property market

M&A

APAC Realty beefs up regional presence with Indonesia and Thai expansion plans

SINGAPORE (Feb 11): APAC Realty said it is making headway in its Southeast Asia expansion plans.

Broker's Calls

APAC Realty upgraded to 'hold' with negatives from property cooling measures priced in

SINGAPORE (Aug 8): DBS Group Research has upgraded real estate services provider APAC Realty to “hold” from “fully valued”, but lowered its target price by 6% to 62 cents.

Results

APAC Realty posts 9.3% decline in 2Q earnings to $7.7 million on higher agent commission

SINGAPORE (Aug 7): Real estate services provider APAC Realty, which owns ERA Realty Network, saw its earnings fall 9.3% to $7.7 million for the 2Q18 ended June, from $8.5 million a year ago.

APAC Realty to acquire Toa Payoh commercial property for $72.8 mil for new regional HQ

SINGAPORE (June 5): Real estate services provider APAC Realty, which owns ERA Realty Network, has entered into an agreement to acquire the entire 100% stake in HC Home from Hersing Corporation for $72.8 million.

Broker's Calls

5 reasons why APAC Realty is still RHB's top mid-cap real estate pick

SINGAPORE (May 30): RHB Research is reiterating its “buy” call on APAC Realty with an unchanged target price of $1.35, after the research house hosted an investor luncheon with the real estate services provider amid “some investor concerns”.

Broker's Calls

APAC Realty poised to ride residential property recovery

SINGAPORE (May 10): Singapore’s residential property market looks to be on the cusp of a multi-year recovery. And analysts say real estate services provider APAC Realty could be a better bet to ride on the boom.

Property

APAC Realty inks partnership to help Chinese buyers lease out, resell properties

SINGAPORE (Mar 14): Real estate services provider APAC Realty has entered into a partnership with MLN Overseas (Singapore) to help buyers from China to lease out or resell their properties in Singapore, Malaysia and Thailand.
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