View in Other Languages Melbourne, Nov 2, 2015 AEST (ABN Newswire) - iProperty Group (ASX:IPP) and REA Group Limited (ASX:REA) are pleased to announce today that Realestate.com.au Pty Limited, a company wholly owned by REA Group Limited ("REA"), REA and IPP have entered into a Scheme Implementation Deed under which it is proposed that a newly incorporated wholly owned subsidiary of REA ("BidCo") will acquire all the IPP shares by way of a scheme of arrangement ("Scheme").