Investor Presentaiton
REA's strategic priorities have little overlap with Fox assets
REA is focused on expanding its adjacent services in Australia and growing its digital real estate business in India and Southeast Asia
Our strategic priorities are clear
Consumer Experience
Engage Australia's largest
audience of property
seekers, driving more
leads to our customers.
Customer Value
Deliver superior customer
value "under one roof"
across property advertising.
agent marketplace and
agency services.
Property Data
Build Australia's leading
property data, valuations
and insights provider.
Power REA with data..
Financial Services
Be Australia's #1 retail
broker business and
develop an online home
loan marketplace in
Australia.
Provide choice and make
it easy for consumers to
find and finance property.
Global
Be India's undisputed
#1 portal, demonstrating
strong audience and market
share growth.
Gain exposure to large and
growing markets through
Global investments.
"We have three core objectives... continuing to deliver
Australia's largest, most engaged consumer audience, driving
more leads to our customers. Providing our customers with
superior value across property advertising, our agent
marketplace and agency services. And becoming Australia's
leading property, data, valuations and insights provider."
-
Owen Wilson, REA Group CEO, REA Investor Day (02 June 2022)
REA Group
We have accelerated REA's strategy through pivotal investments
"...Two key points, the first is that our core residential
business continues to present a significant growth
opportunity backed by the scale and audience that are
unique to REA, we are laser focused on that. Secondly, our
adjacent business we've built; they are exciting and
meaningful platforms for future growth, these businesses
are clearly diverse but strategically aligned and ultimately,
they are property centric."
- Owen Wilson, REA Group CEO, REA Investor Day (02 June 2022)
Managed
Acquired 27.8%
stake in Managed'
smartline
Acquired remaining
stake in Smartline (100%)
Acquired HomeTrack (100%)
hometrack
(now PropTrack)
smartline
Acquired 80.3%
stake in Smartline
Acquired 14.7%
stake in PropTiger
PROPTICER.COM
Mortgage Choice
PROPTICER.COM
simpology
Acquired Mortgage
Choice (100%)
Acquired 34.4%
stake in Simpology4
Acquired 27% stake.
in Campaign Agent
Moved to controlling
stake (59.7%) in Elara
(now REA India)2
Campaign
Agerit
HOUSING.COM
makaan
Realtair
Acquired 19.9%
stake in Realtair³
Apr
Jul
Oct
Jan
Apr
Jul
Oct
Jan
Apr
Jul
Oct
2017
2018
Jan
2019
Apr
Jul
Oct
Jan
Apri
Jul
Oct
2020
Jan
2021
Apr
Jul
Oct
Jan
Apr
2022
Acquired 20% stake.
realtor.com
in Move, inc. in Oct-14.
PropertyGuru
Acquired 18% stake in PropertyGuru in exchange
for the transfer of Malaysia and Thailand assets
PropertyGuru
PropertyGuru lists on NYSE under the ticker "PGRU".
REA's shareholding is 17.5%
(1) Managed shareholding now 27.5% (2) The Group held a 59.65% shareholding in Elara (now REA India) on acquisition and subsequently increased its holding to 60.65% as at 30 Jun 21. Shareholding increased to 65.49% in Jul 21 (3) in Dec 20,
the Group acquired a 17.9% share in Realtair and in Jan 21 increased its holding to 19.9% In Dec 21, REA invested an additional $5m to take our holding to 31.7% fully diluted. (4) Simpology shareholding now 33.8%. (5) 18% undiluted, 16.6% on a
fully diluted basis if all warrants and ESOPs are exercised. (6) REA invested an additional US$52m as part of the listing process. Holding is 17.5% undiluted 15.3% on a fully diluted basis if all warrants and ESOPs are exercised.
REA Group
IRENIC
10
PAGE 38View entire presentation