News Corp's REA Group & Move, Inc. Launch Global Property Network
New York, NY (July 28, 2016) News Corp's REA Group and Move, Inc. have today launched a global property network, delivering the world's largest source of global property listings to consumers.
The collaboration brings together REA Group's online real estate portals in Australia, Italy, Luxembourg, Germany, France, Malaysia, Singapore, Hong Kong, Macau, Indonesia and Thailand, and realtor.com , a leading U.S. online real estate destination operated by Move, Inc.
From today consumers in those markets have access to more than three million listings from 56 countries [REA Group internal data]. The listings on the global property network will be exposed to in excess of 200 million visits globally each month [REA Group analytics/data comprised of Google Analytics, Adobe Analytics, comScore and Nielsen, March/April 2016].
The network will soon include property content from News Corp's Mansion Global and India-based PropTiger, as well as other partner sites around the world.
Robert Thomson, Chief Executive of News Corp said: The global property network being launched today demonstrates the power of combining data across the News Corp digital real estate portfolio, and provides further evidence that News Corp is the largest digital property business in the world.
By combining the listings and the talent of REA Group, realtor.com , and other partner sites, we are creating an opportunity to enhance listings for consumers and customers around the world, while enabling collaboration with News Corp's existing stable of real estate businesses and partners, including Mansion Global and PropTiger. With more global properties than any other source, it's a capability that no competitor can match. We are creating a whole new world of property for consumers, and premium audiences on a global scale for advertisers, Mr. Thomson said.
Tracey Fellows, Chief Executive Officer, REA Group said: People love looking at property and now they can have easier access to international listings, whether they are interested in a beach house in Jamaica, a warehouse in Brooklyn, a villa in Thailand or even a castle in the French countryside. We're providing consumers with a way to explore property around the world from the sites they already know and trust.
We're continuing to build our offering by giving consumers access to more than three million listings at launch; this is the world's largest source of global property, Ms. Fellows said.
Ryan O'Hara, Chief Executive Officer, Move, Inc. said: This is an important step forward in the evolution of real estate. We're part of a global community of international property sites that enable people to search with confidence for real estate properties and information all around the world.
As the U.S.'s largest and most comprehensive source of for-sale listings, we are delighted to be a formative part of this new global collective as we expand our unmatched access through technological innovation and enhanced cooperation across borders, Mr. O'Hara said.
From today, consumers who are looking for inspiration, searching for investments, moving for work or education, wanting to start a portfolio or simply dreaming, can explore the world of property like never before.
###
About News Corp
News Corp (NASDAQ: NWS, NWSA; ASX: NWS, NWSLV) is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content to consumers throughout the world. The company comprises businesses across a range of media, including: news and information services, book publishing, digital real estate services, and cable network programming and pay-TV distribution in Australia. Headquartered in New York, the activities of News Corp are conducted primarily in the United States, Australia, and the United Kingdom. More information: http://www.newscorp.com.
About REA Group Limited
REA Group Limited ACN 068 349 066 (ASX:REA) is a multinational digital advertising business specialising in property. REA operates Australia's leading residential and commercial property websites, realestate.com.au and realcommercial.com.au, European sites casa.it, atHome.lu and immoRegion.fr, Chinese property site myfun.com and a number of property portals in Asia via its ownership of iProperty Group. REA also has a significant shareholding in US based Move, Inc.
About Move, Inc.
Move, Inc., a subsidiary of News Corp [NASDAQ: NWS, NWSA] [ASX: NWS, NWSLV], provides unsurpassed real estate information, tools and professional expertise across a family of websites and mobile experiences for consumers and real estate professionals through all stages of the home journey.
The Move network includes realtor.com - as well as Doorsteps , Moving.com and SeniorHousingNet . Realtor.com pioneered the world of digital real estate 20 years ago, and today helps make all things home simple, efficient and enjoyable. Move also offers a complete solution of software products and services to help real estate professionals serve their clients and grow their business in a digital world, including ListHub , the nation's leading listings syndicator and centralized intelligence platform for the real estate industry; TigerLead ; Top Producer Systems; FiveStreet and Reesio as well as many free services. For more information, visit realtor.com.
Contacts
News Corp Corporate Communications
Jim Kennedy
212-416-4064
jkennedy@newscorp.com
REA Group
Phil Mahoney
Media Relations Manager
+61 477 477 233
phil.mahoney@rea-group.com
Realtor.com
Christie Farrell
408-558- 7115
Christie.farrell@move.com
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News Corp's REA Group & Move, Inc. Launch Global Property Network
