IProperty Group is rebranding and will be known as REA Group Asia going forward. This comes after the Australian REA Group bought the company in 2016. The change will help reflect its membership within REA’s global footprint which spans 11 countries.
Former REA Group head of commercial and inside sales Tony Sutton has joined rival Australian real estate group Domain as executive director of residential sales.
REA Group’s recent foray into the financial services sector has paid off, with the Australian real estate group posting a 21 percent increase in profits in its half-year financial results.
REA Group, the operators of RealEstate.com.au, the market leading Australian real estate site, have made two new senior appointments to their Australian team.
REA Group has launched will provide "flash briefings" of property news to Amazon Alexa, while John McGrath has exited the group's board.
Australia’s RealEstate.com.au has launched a real estate agent comparison tool, allowing buyers and sellers to compare the performance of agents in their area.
RealEstate.com.au, Australia’s leading property site, entered into a data-sharing partnership with News Corp. Australia to offer better targeting and audience insights to advertisers.
Asia is key to REA Group’s ongoing success, chairman Hamish McLennan (photo) told shareholders at the group’s annual meeting in Melbourne this week.
It’s the end of an era for Fairfax Media (ASX: FXJ), as its real estate business Domain Group began trading as a listed company on the Australian Securities Exchange (ASX) this week.
The spring selling season in New South Wales and Victoria “propelled” REA Group’s earnings 24 percent in Q1 of FY2017/18, in what an analyst called a “better-than-expected” operating performance.