Morningstar - REA Group Ltd (REA) Morningstar | REA Group Is Proving Resilient to the Australian Real Estate Downturn

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Morningstar

Gareth James

EUR 850.00 For Business Accounts Only

Morningstar | REA Group Is Proving Resilient to the Australian Real Estate Downturn

REA Group is Australia's leading online real estate classifieds site with a strong brand built through first-mover advantage. The brand now commands listings from nine out of 10 real estate agents in Australia, and so many people use realestate.com.au that it is more popular than the next 15 competitors combined. REA is diversifying brand strength into related markets, including commercial property and businesses for sale. If international growth is successful, this business could grow significantly. News Corporation owns 61% of the company.

08/02/2019 23 EN

Underlying

REA Group Ltd

REA Group is a multinational digital advertising company, based in Australia, that specializes in property. Co. provides a range of premium property listings as well as products for markets adjacent to property such as utility connections, and advertising solutions for property developers and display media advertisers. Co. operates residential, commercial and share property websites, realestate.com.au, realcommercial.com.au and flatmates.com.au, Chinese property site myfun.com, and iProperty Group which owns a number of property portals in Asia. Co. also maintains significant shareholdings in Move, Inc. in the United States and PropTiger in India.

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AU000000REA9 Australian Securities Exchange Australia

Provider

Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

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Analysts

Gareth James

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Morningstar | REA Group Is Proving Resilient to the Australian Real Estate Downturn

PropertyGuru/Bridgetown 2 SPAC listing/merger

REA Group Limited: 1 director

Due to a more favourable environment, REA GROUP slightly increases to Neutral

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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