Realestate.com.au Limited

Infobox Company
name = realestate.com.au Limited (REA Group)

type = Public Stock Symbol: [http://finance.yahoo.com/q?s=REA.AX REA] , Stock exchange(s): ASX
genre =
foundation = 1995
founder =
location_city = Melbourne
location_country = Australia
location =
locations =
area_served =
key_people = Richard Freudenstein (Chair) Greg Ellis (CEO)
industry = Share Exchange
products = Not Applicable
services =
revenue = profit $108 million AUD (Y.E. 30 June 2007)
operating_income =
net_income =
assets =
equity =
owner =
num_employees = ~500 at 30 June 2007
parent =
divisions =
subsid =
homepage = http://www.rea-group.com
footnotes =
intl =

realestate.com.au Ltd and its subsidiary companies, known as the REA Group, make up a global online real estate advertising company headquartered in Melbourne, Australia. The REA Group is public company listed on the Australian Stock Exchange [http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=REA (ASX: REA)] , and had AU$108 million in FY07 revenue [ [http://www.theage.com.au/news/Business/Realestatecomau-doubles-earnings/2007/02/27/1172338617141.html Realestate.com.au owner nearly doubles earnings, The Melbourne Age, February 27, 2007] ] . REA Group is majority owned by News Limited, a subsidiary of News Corporation.

The Group grew from [http://www.realestate.com.au realestate.com.au] , Australia's largest property website with 4.4 million unique browsers each month [January 2008, Nielsen//NetRatings] . However, the strategy has been to aggressively expand the group internationally through acquisition [ [http://brw.com.au/viewer.aspx?ATL://20070201000018484819 "Mr 7000%", BRW Magazine 01 Feb 2007(Subscription)] ] . The Company now operates property websites in 10 countries that are used by more than 19,000 agents and have approximately 8.8m unique visitors per month [January 2008, Nielsen//NetRatings, Omniture, HBX Analytics] .

In addition to [http://www.realestate.com.au realestate.com.au] , the REA Group also operates [http://www.property.com.au property.com.au] , [http://www.realcommercial.com.au realcommercial.com.au] , [http://www.realholidays.com.au realholidays.com.au] and [http://www.homeguru.com.au homeguru.com.au] in Australia; [http://www.propertyfinder.com propertyfinder.com] and [http://www.hotproperty.co.uk hotproperty.co.uk] in the UK; [http://www.allrealestate.co.nz allrealestate.co.nz] , [http://www.realcommercial.co.nz realcommercial.co.nz] in New Zealand; [http://www.casa.it casa.it] , [http://www.atHome.lu atHome.lu] , [http://www.atOffice.lu atOffice.lu] , [http://www.atHome.be atHome.be] , [http://www.atHomeLorraine.fr atHomeLorraine.fr] , [http://www.athomealsace.fr athomealsace.fr] and [http://www.atHome54.de atHome54.de] in continental Europe; [http://www.squarefoot.com.hk squarefoot.com.hk] in Hong Kong; [http://www.propertyfinder.ae propertyfinder.ae] in Dubai; and [http://www.allglobalproperties.com allglobalproperties.com] in the rest of the world. The REA Group's businesses also include estate agent office management tools and web design services called [http://www.hubonline.com.au/ hubonline] , as well as a UK real estate print publishing business called [http://www.pfpublishing.co.uk/ PropertyFinder Publishing] . The Company announced on 11 Sept 2007 that it had made its first acquisition in Asia, with the purchase of Hong Kong's largest English language property magazine, SquareFoot [ [http://www.smh.com.au/news/BUSINESS/REA-Group-buys-Hong-Kong-businesses/2007/09/11/1189276692213.html REA Group buys Hong Kong businesses, Sydney Morning Herald, September 11, 2007] ]

References

Sources

* [http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=REA ASX Listing details]
* [http://www.rea-group.com/ REA-Group website]
* [http://propertyportalwatch.com/2008/08/about-the-rea-group-realestatecomau-ltd/ Company] - by Simon Baker (REA CEO until July 2008)