PHILLIPS Property Acquires Phuket's Best Know Property Portal - PhuketProperty.com

16 March 2013

THE PHILLIPS GROUP ACQUIRES PHUKETPROPERTY.COM PRESS RELEASE
IMMEDIATE

Thailand, Phuket: — March 16 2013 — The PHILLIPS Group Pte Ltd and Phuket Property Dot Com Ltd today announced that they have completed a definitive agreement and transfer under which The PHILLIPS Group has acquired the brand interests, assets and functional portal and systems, of Phuket Property Dot Com, Phuket’s leading property website, for an undisclosed sum.

The portal, www.PhuketProperty.com is now directly controlled by PHILLIPS Property under a marketing arrangement with the company’s Singapore operations. This strategic move is expected to further strengthen PHILLIPS Property’s penetration in the local real estate market and foster further innovation across their existing marketing channels.

“The acquisition of PhuketProperty.com underscores our commitment to leverage multi-channel technology based marketing solutions that real estate developers and private home owners require and our clients love,” said Martin Phillips, Managing Director, The PHILLIPS Group. “Phuket Property Dot Com is the best-in-class Phuket real estate portal that has a well established 15 year history of providing property sales, rentals and complementary services. We sell real estate and we now look to build further upon that established foundation.”

Launched in 1998, PhuketPropert.com reaches a huge A Class Audience that has a direct interest in purchasing or renting property in Phuket. The service will be expanded to allow individuals to directly upload properties to the portal that will then be transacted under direct arrangements with PHILLIPS property. This new user experience will save time and make it easier for property sellers or landlords to advertise and promote their properties to a global audience.

PhuketProperty.com will continue to develop its standalone service and maintain its commitment to simplicity, innovation and customer experiences. Moving forward, The PHILLIPS Group plans to accelerate the development of a more interactive portal experience alongside complementary offerings from other portals owned by the group – www.Phillips-Property.com and www.Rentals- Worldwide.com.
About Phuket Property Dot Com

Phuket Property Dot Com (www.PhuketProperty.com) is a leading property portal to list for sale and rent all types of Phuket property. As a media and advertising channel, the portal offers developers and associated advertisers the opportunity to reach an A Class audience with interests in purchasing associated services and products.

About The PHILLIPS Group

The PHILLIPS Group is a leading and Award winning provider of real estate services, operating under the brand name of Phillips Property (www.phillips-property.com) and Rentals Worldwide (www.rentals-worldwide.com).

The PHILLIPS Group Pte Ltd
8 Robinson Road | ASO Building | #06.00 | Singapore | 048544 www.PhuketProperty.com
www.PhuketProperty.com

The Group offers a select range of specialist transactional, advisory and media real estate services to clients from all over the world. With a focus on the luxury residential market for both property sales and rentals in Phuket, Thailand, the Group’s property portfolio is extensive and unique. Increasingly the Group is developing and widening it’s internet presence to compete in new geographic markets.

Forward-Looking Statements

This press release contains forward-looking statements, which are any predictions, projections or other statements about future events. Actual results may differ materially from these forward-looking statements because of a variety of risks and uncertainties about our business. We do not undertake any duty to update any forward-looking statement.

ENDS

Further Information
Contact: Email: [email protected]

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