Phillips Snaps Up PhuketProperty

26 March 2013

By Andrew Batt:

Phuket-based real estate firm The Phillips Group has completed the purchase of PhuketProperty.com for an undisclosed sum.

The portal, which was launched in 1998, will now be directly controlled by Phillips Property under a marketing arrangement with the company’s Singapore operations. The move is expected to further strengthen the company’s penetration in the local real estate market and foster further innovation across their existing marketing channels.

Martin Phillips, Managing Director of The Phillips Group, said: “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.”

Phillips added that developments will include the ability for individuals to upload their properties which will then be transacted by Phillips Property.

Andrew Batt, International Group Editor of PropertyGuru, wrote this story. To contact him about this or other stories email [email protected]

Source: DD Property & Propertyguru