- PropTech Group (PTG) has entered into an unconditional binding asset sale agreement with real estate company Harcourts International
- Under the agreement, the company has finalised its acquisition of Harcourts’ H1 customer relationship management (CRM) technology platform
- PropTech’s consideration will include an initial $300,000 in shares, plus a second conditional payment depending on an agreed recruitment milestone
- The agreement includes a strategic partnership, under which Harcourts will endorse PropTech’s VaultRE sales CRM in Australia and New Zealand
- PropTech Group is up 1.69 per cent and trading at 60 cents per share
