In an industry first, Rent.com.au (ASX: RNT), the Australian rental property vertical and challenger to leading property sites Domain and Realestate.com.au, has rolled out a new feature that shows the National Broadband Network (NBN) status of each property listed on its site.
Greg Hywood, chief executive and managing director of Fairfax Media, confirmed today that the unbundling of Domain Group, its real estate business, from Fairfax Media, will go ahead, and that Antony Catalano will be CEO of the listed Domain Group.
A year-long legal battle between Realestate.com.au and Domain.com.au, Australia’s two leading real estate sites, which started over a series of advertisements, has come to an end with a qualified Federal Court ruling, namely that some of the advertisements were misleading, but others not. Result? Both parties claimed victory in the legal battle.
REA Group, the global, online real estate advertising company, and owner of Realestate.com.au, reported its financial results for H1 of FY2016/17 last week and reconfirming Realestate.com.au as Australia's undisputed No. 1 real estate site, well ahead of Domain, owned by Fairfax Media.
The newly formed Cox Automotive, which operates CarsGuide, Sell My Car, Manheim Auctions and Dealer Solutions in Australia and New Zealand, appointed two automotive industry heavyweights - Gary Martin as the group’s Australian CEO, and Greg Duncan as chairman of the management board. Both appointments are effective March 1.
Australian entrepreneur Jon Ellis’ proptech firm Investorist raised $3.3 million AUD in B round funding, which will be used to expand the cloud-based property marketing site's global footprint, while keeping the focus on the U.K..
ACProperty and ListGlobally, a listings syndicate, together launched a real estate classifieds site in China called Sodichan to capitalize on the ever-growing appetite of the Chinese for real estate abroad.
Equiem, a provider of tenant engagement solutions for commercial real estate in Australia, has acquired Jagonal, a growing web platform that allows owners to list office space to rent, or buy.
Newly-acquired IProperty Group will have new, data-rich tech capabilities added to its platform by REA Group, News Corp. Australasia executive chairman Michael Miller said.
With a mission to become the leading operator of online classifieds businesses in frontier markets across the globe, Frontier Digital Ventures (FDV) injected fresh cash into Encuentra24.com (E24), a strong competitor in the classifieds arena of Central America.