Amid IPO buzz, Dubizzle buys Property Monitor portal

The Dubizzle Group, which is in the digital classifieds space, has bought UAE-based property platform Property Monitor.

- BY MANOJ NAIR Business Editor

The deal comes at a time when Dubizzle is seen as a prime candidate to go for an IPO in the UAE.

The Property Monitor buy “reinforces Dubizzle Group’s leadership in real estate classifieds and technology”.

The latter’s verticals include Bayut and dubizzle.