REA Group Ltd and its subsidiaries, collectively known as the REA Group, form a global online real estate advertising company. REA Group is headquartered in Melbourne, Australia, with a subsidiary office in Gurugram, India.[2]
REA Group, founded in 1995, is a publicly listed company on the Australian Securities Exchange (ASX: REA) and is majority-owned by News Corp Australia.
History
REA Group grew from realestate.com.au, Australia's largest property website with 4.4 million unique browsers each month.[3] However, the strategy has been to aggressively expand the group internationally through acquisition.[4]
In 2007, REA Group acquired 59% of casa.it in Italy, which was increased to 70% the year after, before acquiring 100% in 2011.