CoStar Group and Nine Entertainment have reportedly begun negotiating the acquisition of Domain, the second largest real estate classifieds firm in Australia behind News Corp-owned REA Group. Nine’s target price is AUD 2.79 billion.
Category: australia
CoStar makes bid to buy REA Group classifieds rival in Australia
CoStar is eying Australian real estate classifieds firm Domain for a rumored $2.7 billion. The purchase would put it toe-to-toe with News Corp, which owns REA Group, Australia’s largest classifieds firm.
Compass CEO: Clear cooperation is ‘anti-homeowner’
Robert Reffkin on Wednesday said clear cooperation attaches “negative insights” to listings, and predicted the polarizing anti-pocket listing rule is ultimately doomed.
Final Offer buys North American operations of Openn Negotiation
The acquisition will allow Final Offer, a platform for managing and negotiating offers, to provide a “transparent and straightforward experience when buying and selling a home,” executives said.
EXp Luxury celebrates its newest phase of international expansion
In addition to launching in Australia and New Zealand, the virtual brokerage also expanded its luxury program into South Africa and the United Kingdom.
China Is Suffering a Brain Drain. The U.S. Isn’t Exploiting It.
China’s brightest minds, including tech professionals, are emigrating, but many are not heading to America. We spoke to them to ask why.