APAC Realty inks master franchise agreement to operate ERA offices in Cambodia

SINGAPORE (Feb 13): APAC Realty, the real estate services provider under the ERA brand, has agreed to grant Smart Property Intelligence Co. exclusive rights to operate or grant memberships for the operation of ERA member broker offices in Cambodia.

APAC Realty possesses the exclusive ERA regional master franchise rights to 17 countries in Asia Pacific.

The ERA Master Franchise Agreement, signed on Feb 8, is for an initial term of 25 years starting from the date of signing. It may be renewed for a further 25 years subject to the fulfilment of certain conditions.

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