PropTech Group


Completion of PTG Acquisition Expands MRI Asia Pacific

MRI Software has completed the A$93.4 million acquisition of PropTech Group (PTG) announced in November 2022, following shareholder and regulatory approval for a Scheme Implementation Deed. Trading of PTG shares on the Australian Stock Exchange (ASX) was suspended at the close of business on 13 February 2023, with shareholders receiving A$0.60 for every PTG share…


MRI to Acquire PropTech Group for A$93.4 Million

MRI Software has signed a binding Scheme Implementation Deed to acquire 100 per cent of the share capital of PropTech Group Limited which develops and sells real estate software, and is listed on the Australian Securities Exchange (ASX). The A$0.60 cash per share offer, equating to an implied equity value of approximately A$93.4 million on…

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