REA Group

REA Group Ltd and its subsidiary companies, known as the REA Group, make up a global online real estate advertising company headquartered in Melbourne, Australia. The REA Group is public company listed on the Australian Stock Exchange (ASX: REA), and had A$108 million in FY07 revenue.[2] REA Group is majority owned by News Corp Australia, a subsidiary of News Corp.

The Group grew from realestate.com.au, Australia's largest property website with 4.4 million unique browsers each month.[3] However, the strategy has been to aggressively expand the group internationally through acquisition.[4] The company now operates property websites in 10 countries that are used by more than 19,000 agents and have approximately 8.8 million unique visitors per month.[5]

The company announced on 11 September 2007 that it had made its first acquisition in Asia, with the purchase of Hong Kong's largest English-language property magazine, SquareFoot.[6] UK Property Shop Ltd was acquired by REA Group in July 2008; in August 2009, Zoopla acquired the PropertyFinder[7] Group, with combined annual revenues of £7 million, from prior owners the REA Group and News International for an undisclosed sum.[8] REA bought 20% of Move in 2014[9] which runs the US real estate listings website Realtor.com.

In July 2015 realestate.com.au announced a new agreement with Inspect Real Estate (IRE) making booking rental inspections even easier for property managers and Australians looking to rent a home by implementing IRE's RegisterOnline property inspection booking button.[10]

REA Group Limited
Public
Traded asASXREA
IndustryShare Exchange
Founded1995
Headquarters,
Key people
Owen Wilson (CEO)
Tracey Fellows (former CEO)
ProductsReal estate advertising
RevenueIncrease A$807.7 million (2018)[1]
Websitewww.rea-group.com

References

  1. ^ www.rea-group.com/irm/PDF/2238_0/REAGroupInvestorampAnalystPresentation
  2. ^ Realestate.com.au owner nearly doubles earnings, The Melbourne Age, February 27, 2007
  3. ^ January 2008, Nielsen//NetRatings
  4. ^ "Mr 7000%", BRW Magazine 01 Feb 2007(Subscription)
  5. ^ January 2008, Nielsen//NetRatings, Omniture, HBX Analytics
  6. ^ REA Group buys Hong Kong businesses, Sydney Morning Herald, September 11, 2007
  7. ^ "Property Finder 'Where Life Moves': Real Estate, Properties for Rent and Sale in UAE". www.propertyfinder.ae. Retrieved 6 February 2019.
  8. ^ Sweney, Mark (7 August 2009). "News International sells PropertyFinder website to Zoopla.co.uk". The Guardian. London. Retrieved 8 August 2009.
  9. ^ "News Corp. to Buy Move, a Real Estate Listings Site". The New York Times. 30 September 2014. Retrieved 30 September 2014.
  10. ^ "realestate.com.au Integrates InspectRealEstate's RegisterOnline Functionality | Property Portal Watch". Property Portal Watch. 28 July 2015. Retrieved 17 October 2017.

External links

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Catcha Group

Catcha Group is an international Internet group founded by entrepreneur Patrick Grove. The Group controls a number of publicly listed and private media, new media, online classifieds and e-commerce businesses, and is one of the largest investors in the digital sector in emerging markets, notably ASEAN. Catcha Group and its related entities have completed over 60 investments either directly or indirectly, as sole, majority or minority shareholders.Since inception, Catcha Group has completed a number of landmark transactions with a total of five IPOs in nine years, including the 2007 listing of iProperty Group on the Australian Securities Exchange, REV Asia Berhad (previously Catcha Media Berhad) on Bursa Malaysia in 2011, and the subsequent IPOs of iCar Asia in 2012, Ensogo (previously iBuy Group) in 2013 and Frontier Digital Ventures in 2016; all three on the Australian Securities Exchange.

Investors in Catcha Group companies include News Corporation, REA Group, Star Media Group (Malaysia), Intel Capital, Carsales.com Limited, Australian Foundation Investment Company, BlackRock, Goldman Sachs, Credit Suisse, Fidelity Funds Management and Sky PLC.

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The administrative centre of the City of Yarra is the old Richmond Town Hall in Bridge Road, Richmond. The Collingwood Town Hall in Hoddle Street, Abbotsford is also still used by the council as secondary offices and as a service centre, and the Fitzroy Town Hall in Napier Street, Fitzroy is used for the local library and for use as a community space. Some council committees also meet at the Fitzroy and Collingwood Town Halls.

The city is culturally and socially diverse. The 2016 Australian Census found that 38.8% of residents were born outside Australia, with the largest numbers being born in England, New Zealand, Vietnam, China and Greece.

The suburbs of the City of Yarra were established in the mid-to-late 19th century and retain a Victorian appearance. The majority of housing in the city is made up of Victorian cottages or terraces or apartments built from the 1960s.

The City of Yarra has some of Melbourne's best shopping streets. These include Bridge Road and Swan and Victoria Streets in Richmond, Brunswick and Gertrude streets in Fitzroy and Smith Street in Collingwood.

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is an Australian debt buyer. The company purchases and collects debts in Australia, New Zealand and the United States (US). The business purchases consumer and small business debt from Australian, New Zealand and US banks, finance companies, telecommunication and utility companies. Through its subsidiary Credit Corp Financial Services Pty Limited, Credit Corp offers online consumer finance. Credit Corp Group Limited has been listed on the Australian Securities Exchange since 2000.

Domain Group

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The Domain Group is best known for its real-estate portal domain.com.au, which is Australia's second largest real-estate marketing business with 90% market penetration. It competes directly with market leader REA Group, which is majority-owned by Nine rival News Corp Australia.In June 2018, Domain Group were announced as platinum partner of the Australian Men's Cricket Team. Under the deal, Domain will be the presenting partner of men’s Test cricket over four years, which includes the next Ashes to be hosted in Australia, and will become the official real estate partner of Cricket Australia.

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News Corp Australia

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