Realogy Buys Into Century 21 China

Realogy Corp., a global provider of real estate and relocation services, has acquired a minority stake in Century 21 China Real Estate, an independetly-owned company that serves as the master franchisor for Realogy's Century 21 brand in China. No financial terms were disclosed. Apollo Management bought Realogy last year in a take-private buyout worth approximately $9 billion.

PRESS RELEASE

Realogy Corporation, a global provider of real estate and relocation services, today announced that it has made a minority equity investment in CENTURY 21 China Real Estate, an independently owned company that serves as the master franchisor for Realogy's CENTURY 21