Aug 16 (Reuters) - Swedish investment firm EQT AB

will acquire PropertyGuru ( PGRU ) in an all-cash

deal, valuing the Singapore-based online real estate platform at

$1.1 billion, the latter said on Friday.

As part of the deal, PropertyGuru's ( PGRU ) shareholders will

receive $6.70 per share, a 7% premium to the firm's last close

on Thursday.

PropertyGuru ( PGRU ) will be acquired by EQT Private Capital Asia,

the Swedish private equity firm's Asia-focused buyout fund.

The Singaporean firm went public in 2022 after a merger with

a special purpose acquisition company called Bridgetown 2

Holdings.

Australian real estate firm REA Group ( RPGRF ) owns a more

than 17% stake in PropertyGuru ( PGRU ) and said it expects around A$286

million ($189.6 million) in proceeds from the sale.

($1 = 1.5085 Australian dollars)