Sensis CEO departs
Bruce Akhurst, the CEO of Australian telco subsidiary Sensis, is to leave the company after 15 years at the company and seven as CEO.
REA finalizes exit from New Zealand
Australia’s REA Group has formally withdrawn from the New Zealand market with the closure of its remaining commercial property website, RealCommercial.co.nz. Continue reading
Chinese investment in RealEstateCommercial.com.au
One of Australia’s smaller niche players in the online commercial real estate space, RealEstateCommercial.com.au, have announced they have received investment from a Chinese company which has taken a small shareholding in the business. Continue reading
Telstra’s Sensis cuts another 110 jobs
Telstra has cut a further 110 jobs from its Sensis business in Australia, with most effected in the sales division of the much maligned Yellow Pages. This follows similar cuts at the start of 2011. Continue reading
Fairfax launches “big unit” ad solution
Fairfax Media’s Metro Division has launched “big unit”, a new online ad solution that allows advertisers to”own” a webpage with a large format ad that has complete functionality inbuilt into the page, with videos and more. Continue reading
REA Group fully acquires casa.it
A press release from Australia’s REA Group reveals that the company’s subsidiary, REA Group Europe, has fully acquired Italy’s market-leading real estate portal, casa.it, following the purchase of an additional 30.6% share from SKY Italia s.r.l. Continue reading
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