Unfazed by SPAC slowdown, PropertyGuru confident of Q1 2022 US listing

PropertyGuru‘s CEO and managing director Hari V. Krishnan has expressed confidence that the Southeast Asian online realty company’s US listing will take place in the first quarter of 2022 amidst a global waning interest in special purpose acquisition companies (SPACs).

In July, PropertyGuru agreed to go public through a merger with Bridgetown 2 Holdings, a SPAC backed by billionaires Richard Li and Peter Thiel, giving the combined company an equity value of about $1.78 billion.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter