CoStar Group is one step closer to purchasing Australia’s second-largest real estate classifieds firm, Domain. Australian newspapers reported that CoStar founder and CEO Andy Florance spent several days in Sydney with Domain’s owners. Continue reading
CoStar Group is one step closer to purchasing Australia’s second-largest real estate classifieds firm, Domain. Australian newspapers reported that CoStar founder and CEO Andy Florance spent several days in Sydney with Domain’s owners. Continue reading
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. Continue reading
News Corp CEO Robert Thomson said he’s unbothered by CoStar’s push to enter Australia, touting his company’s media portfolio as a major advantage in pushing traffic to portals without breaking the bank. Continue reading
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. Continue reading
Realtor.com parent company Move’s revenues grew 2 percent year over year to $130 million in Q2. However, market headwinds are still suppressing lead volume and traffic growth. Continue reading
Move’s overall revenue dipped 1 percent between July and September, while revenue from its real estate business — including Realtor.com — dropped 4 percent, according to Q3 earnings data released Thursday. Continue reading
News Corp.-subsidiary REA Group announced on Monday it had given up on its quest to purchase Rightmove after its fourth offer of $8.3 billion was rejected by the UK portal’s board of directors. Continue reading
Sydney-based News Corp subsidiary REA Group has made a third bid for UK portal Rightmove. The company offered $8.1 billion for Rightmove on Monday — a 10 percent increase from its first offer. Continue reading
Murdoch’s Australia-based News Corp subsidiary announced on Monday that it was considering a cash and stock offer for the UK’s largest real estate portal. Continue reading