ERA Realty Network Pte Ltd.
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ERA Realty Network Pte Ltd. - overview
Established
1982
Location
Singapore, -, Singapore
Primary Industry
Commercial Property
About
ERA Realty Network Pte Ltd. is a prominent real estate firm in Singapore, specializing in comprehensive services for property transactions, including sales, rentals, and market analysis for residential and commercial clients. Founded in 1982 and headquartered in Singapore, ERA Realty Network Pte Ltd. provides a wide array of real estate services.
It has undergone strategic growth, including a significant investment from Morgan Stanley Investment Management, which acquired a 59. 8% majority stake in the firm for SGD 129. 5 mn on April 25, 2022. The company was co-founded by Clement Jaw, Jasper Lau, Mai Hoang, Mai Thi, and Shankar Dharshanss, and is currently led by CEO Abu Zahed and several other executives, such as Doris Ong and Emmanuel Abu.
ERA Realty Network Pte Ltd operates primarily in the real estate sector, offering a comprehensive suite of services designed to facilitate property transactions for both residential and commercial clients. Their core offerings include property sales, rentals, and new launches, which are matched to clients' specific needs through a detailed consultation process. ERA's services are augmented by their in-house research and market intelligence, providing clients with valuable insights into market trends and property valuations. They cater to a diverse client base across various geographical markets in Asia-Pacific, such as Singapore, Malaysia, and Indonesia.
In the most recent year, ERA Realty Network Pte Ltd reported a revenue of SGD 406,281,176. 2, with an EBITDA of SGD 10,790,163. 8. The company's revenue generation model is driven by transaction-based commissions from property sales and rentals, aligning the interests of the firm with those of its clients.
Following the recent investment, ERA Realty Network Pte Ltd aims to leverage the global network and business growth experience of Morgan Stanley to expand its market presence in the Asia-Pacific region. The firm is exploring new product offerings and services to enhance client engagement. The funding will support these initiatives, aligning with their strategy to broaden their reach and enhance service delivery in key markets.
Current Investors
Morgan Stanley Private Equity Asia, Realty Partners Group Pte. Ltd.
Primary Industry
Commercial Property
Sub Industries
Commercial Property
Website
www.era.com.sg
Verticals
Mobile Apps, Real Estate Tech
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
ERA Realty Network Pte Ltd. - timeline of key events
ERA Realty Network Pte Ltd. - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 210,068,603 | 228,045,614 | 282,906,516 | 395,177,001 | 418,407,342 | 363,272,859 | 388,261,283 | 734,665,022 | - | - | - |
| % Revenue Growth (YoY) | - | 8.6% | 24.1% | 39.7% | 5.9% | (13.2%) | 6.9% | 89.2% | - | - | - |
| EBITDA (USD) | 15,502,548 | 10,532,898 | 17,114,093 | 27,688,603 | 27,302,182 | 18,782,922 | 18,430,333 | 41,124,973 | - | - | - |
| Operating Income (USD) | 15,179,456 | 9,921,347 | 16,457,709 | 27,208,306 | 26,838,700 | 16,664,948 | 16,434,161 | 39,026,299 | - | - | - |
| Operating Margin | 7.2% | 4.4% | 5.8% | 6.9% | 6.4% | 4.6% | 4.2% | 5.3% | - | - | - |
| % EBITDA Margin | 7.4% | 4.6% | 6.0% | 7.0% | 6.5% | 5.2% | 4.7% | 5.6% | - | - | - |
| NET Income (USD) | 12,991,500 | 8,445,355 | 14,197,523 | 23,988,790 | 22,380,953 | 13,642,265 | 13,705,077 | 32,432,471 | - | - | - |
| % Net Margin | 6.2% | 3.7% | 5.0% | 6.1% | 5.3% | 3.8% | 3.5% | 4.4% | - | - | - |
ERA Realty Network Pte Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | ERA Realty Network Pte Ltd. | - | ||||||||
| Add-on | Completed | ERA Realty Network Pte Ltd. | - |
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ERA Realty Network Pte Ltd. - employee data
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