Southeast Asian online realtor PropertyGuru Group, whose backers include buyout firms TPG Capital and KKR, is planning an Australian IPO that could raise up to A$400 million ($275 million) this year, sources with knowledge of the deal said.
It would be the country’s largest offering this year after Fineos, an Irish insurance software firm, listed in Australia last month after a A$190 million IPO, Refinitiv data showed.
