Domain Group (or simply Domain) is an Australian digital property portal and associated real-estate industry business. It is best known for its real-estate website domain.com.au, and also owns the brands commercialrealestate.com.au and allhomes.com.au. The company was a wholly-owned subsidiary of Fairfax Media from 1999 until November 2017, when Domain was listed on the Australian Stock Exchange as a public company, although Fairfax Media (now Nine) retained a 60% ownership of shares.
The company was founded by Fairfax Media, when the publisher branded their real-estate sections in print with the Domain brand and first established an online presence in 1999.[3]
Public listingEdit
In February 2015, the Australian Financial Review published an article highlighting Credit Suisse analyst expectations of a likely float of the Domain Group in the future, and attributed an AUD $1.3 billion valuation to the group.[4]
On 21 February 2017 trading in Fairfax shares was suspended[5] until half yearly results and an announcement of intent to turn Domain into a listed entity were announced.[6] Domain Group was widely seen to "prop up" Fairfax revenues, as the company's publishing divisions were struggling.[7][8]
Domain began trading on the ASX at midday (AEDT) on 16 November 2017, with shares opening at AU$3.80 giving the company, listed as Domain Holdings Australia (ASX:DHG), a valuation of nearly AU$2.2 billion.[9][10]
Cricket sponsorshipEdit
In June 2018, Domain Group were announced as platinum partner[11] of the Australian Men's Cricket Team.[12] Under the deal, Domain became the presenting partner of men's test cricket over four years, which included the Ashes, and became the official real estate partner of Cricket Australia.[13]
DescriptionEdit
The Domain Group is best known for its real-estate portal domain.com.au, which is Australia's second largest real-estate marketing business, with 90% market penetration.[14] It competes directly with market leader REA Group, running real-estate.com.au, which is majority-owned by Nine rival News Corp Australia.[15][16]
AssetsEdit
As of August 2023, The Domain Group consists of a portfolio of businesses[17] including but not limited to:
The Domain (domain.com.au) and Allhomes (allhomes.com.au) residential property listings portals
The Commercial Real Estate commercial property portal (commercialrealestate.com.au)
Domain Media media agency (domainmedia.com.au)
Domain Review, Domain and Domain Prestige magazines
Pricefinder, a property data business whose products focus on modelling projected values of real estate for investors, agents and financial institutions
RealTime Agent point of sale platform
Homepass estate agent CRM
ReferencesEdit
^Mason, Max; Whyte, Jemima (3 July 2018). "Domain taps Google's Jason Pellegrino as new CEO". Australian Financial Review.
^"Domain Holdings Australia Limited 2021 Full Year Results Announcement"" (PDF). shareholders.domain.com.au. Retrieved 12 November 2021.
^. web.archive.org. Archived from the original on 27 November 1999. Retrieved 29 April 2015.
^"Fairfax still likely to float Domain, Credit Suisse says | afr.com". afr.com. Retrieved 29 April 2015.
^"Fairfax shares in trading halt ahead of Domain announcement".
^Meade, Amanda (19 February 2016). "Fairfax Media posts $27.4m profit despite lower print advertising revenue". The Guardian. Retrieved 24 November 2017.
^Ward, Miranda (19 February 2016). "Domain drives growth for Fairfax as company continues on path from print to digital". Mumbrella. Retrieved 24 November 2017.
^Bennett, Lindsay (16 November 2017). "Domain valued at $2.2 billion after listing on ASX". Ad News. Retrieved 24 November 2017.
^"Domain listed on the ASX at noon". ABC. 16 November 2017. Retrieved 24 November 2017.
^AAP. "Cricket Australia signs naming rights deal". cricket.com.au. Retrieved 10 October 2018.
^Duke, Jennifer. "'Domain Ashes': Real estate group partners with Cricket Australia". Sydney Morning Herald. Fairfax Media. Retrieved 10 October 2018.
^McDonnell, Josh. "Cricket Australia continues sponsor rebuild with new Domain deal". adnews.com.au. AdNews. Retrieved 10 October 2018.
^"Domain starts year with big subscription growth - REB". rebonline.com.au. Retrieved 29 April 2015.
^"Is Domain.com.au catching up to REA Group Limited? | Motley Fool Australia". fool.com.au. Retrieved 29 April 2015.
^"Domain says it's 'no longer No 2'". theaustralian.com.au. Retrieved 29 April 2015.
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Domain Group or simply Domain is an Australian digital property portal and associated real estate industry business It is best known for its real estate website domain com au and also owns the brands commercialrealestate com au and allhomes com au The company was a wholly owned subsidiary of Fairfax Media from 1999 until November 2017 when Domain was listed on the Australian Stock Exchange as a public company although Fairfax Media now Nine retained a 60 ownership of shares Domain GroupTypePublic companyTraded asASX DHGS amp P ASX 200 componentIndustryReal EstateFounded1999Headquarters100 Harris Street Pyrmont AustraliaKey peopleJason Pellegrino 1 CEO Brandsdomain com au commercialrealestate com au allhomes com au pricefinder com auRevenueA 289 6 million 2021 2 OwnersNine Entertainment Co 52 9 Websitewww wbr domain wbr com wbr au Contents 1 History 1 1 Founding 1 2 Public listing 1 3 Cricket sponsorship 2 Description 2 1 Assets 3 References 4 External linksHistory EditFounding Edit The company was founded by Fairfax Media when the publisher branded their real estate sections in print with the Domain brand and first established an online presence in 1999 3 Public listing Edit In February 2015 the Australian Financial Review published an article highlighting Credit Suisse analyst expectations of a likely float of the Domain Group in the future and attributed an AUD 1 3 billion valuation to the group 4 On 21 February 2017 trading in Fairfax shares was suspended 5 until half yearly results and an announcement of intent to turn Domain into a listed entity were announced 6 Domain Group was widely seen to prop up Fairfax revenues as the company s publishing divisions were struggling 7 8 Domain began trading on the ASX at midday AEDT on 16 November 2017 with shares opening at AU 3 80 giving the company listed as Domain Holdings Australia ASX DHG a valuation of nearly AU 2 2 billion 9 10 Cricket sponsorship Edit In June 2018 Domain Group were announced as platinum partner 11 of the Australian Men s Cricket Team 12 Under the deal Domain became the presenting partner of men s test cricket over four years which included the Ashes and became the official real estate partner of Cricket Australia 13 Description EditThe Domain Group is best known for its real estate portal domain com au which is Australia s second largest real estate marketing business with 90 market penetration 14 It competes directly with market leader REA Group running real estate com au which is majority owned by Nine rival News Corp Australia 15 16 Assets Edit As of August 2023 The Domain Group consists of a portfolio of businesses 17 including but not limited to The Domain domain com au and Allhomes allhomes com au residential property listings portals The Commercial Real Estate commercial property portal commercialrealestate com au Domain Media media agency domainmedia com au Domain Review Domain and Domain Prestige magazines Pricefinder a property data business whose products focus on modelling projected values of real estate for investors agents and financial institutions RealTime Agent point of sale platform Homepass estate agent CRMReferences Edit Mason Max Whyte Jemima 3 July 2018 Domain taps Google s Jason Pellegrino as new CEO Australian Financial Review Domain Holdings Australia Limited 2021 Full Year Results Announcement PDF shareholders domain com au Retrieved 12 November 2021 domain com au Property from Every Angle web archive org Archived from the original on 27 November 1999 Retrieved 29 April 2015 Fairfax still likely to float Domain Credit Suisse says afr com afr com Retrieved 29 April 2015 Fairfax shares in trading halt ahead of Domain announcement Fairfax Media confirms Domain spin off Meade Amanda 19 February 2016 Fairfax Media posts 27 4m profit despite lower print advertising revenue The Guardian Retrieved 24 November 2017 Ward Miranda 19 February 2016 Domain drives growth for Fairfax as company continues on path from print to digital Mumbrella Retrieved 24 November 2017 Bennett Lindsay 16 November 2017 Domain valued at 2 2 billion after listing on ASX Ad News Retrieved 24 November 2017 Domain listed on the ASX at noon ABC 16 November 2017 Retrieved 24 November 2017 AAP Cricket Australia signs naming rights deal cricket com au Retrieved 10 October 2018 Duke Jennifer Domain Ashes Real estate group partners with Cricket Australia Sydney Morning Herald Fairfax Media Retrieved 10 October 2018 McDonnell Josh Cricket Australia continues sponsor rebuild with new Domain deal adnews com au AdNews Retrieved 10 October 2018 Domain starts year with big subscription growth REB rebonline com au Retrieved 29 April 2015 Is Domain com au catching up to REA Group Limited Motley Fool Australia fool com au Retrieved 29 April 2015 Domain says it s no longer No 2 theaustralian com au Retrieved 29 April 2015 Portfolio Domain Group domain com au External links EditOfficial website Retrieved from https en wikipedia org w index php title Domain Group amp oldid 1172347708, wikipedia, wiki, book, books, library,
