16 Aug 2012
Australian based company, realestate.com.au (REA) has posted a (for it) record profit of
US$91 million for the financial year ending June 30. This is 29 percent higher than the
previous year and comes despite the business losing some realtors in the “slow” markets of New
South Wales and Queensland.
Also contributing to the result was the Italian arm, Casa.it, which increased revenues by 35