Latest Real Estate Services News

Domain Holdings Australia’s acquisition by CoStar Group has been approved by the Supreme Court of NSW, triggering a trading suspension on ASX and setting key payment dates for shareholders.

News Corporation has reported a modest 2% increase in revenues to US$8.452 billion for the fiscal year ended June 30, 2025, alongside a remarkable 344% surge in net income to US$1.18 billion. The company declared a stable total dividend of US$0.20 per share, reflecting confidence despite market challenges.

The Supreme Court of New South Wales has approved CoStar Group’s acquisition of Domain Holdings Australia, setting the stage for a significant ownership change and a special dividend payout to shareholders.

News Corporation reported a robust fiscal 2025 with revenues climbing 2% to $8.45 billion and net income from continuing operations surging 71%. The company also announced a new $1 billion accelerated stock repurchase program, underscoring confidence in its financial strength.

REA Group Ltd has announced a fully franked ordinary dividend of AUD 1.38 per share for the six months ending June 2025, signaling steady shareholder returns amid a competitive real estate services market.

Domain Holdings Australia has confirmed a one-week delay in the implementation of its proposed CoStar scheme of arrangement, now set for 27 August 2025.

Domain Holdings Australia Limited shareholders have overwhelmingly approved the proposed acquisition by CoStar Group, marking a pivotal step toward the deal’s completion pending court approval.

Domain Holdings Australia announces a special fully franked dividend of 8.8 cents per share, contingent on shareholder and court approval of its acquisition by CoStar Group.

Domain Holdings Australia has set the second court hearing for its proposed CoStar scheme of arrangement on 6 August 2025, clarifying an earlier date error.

Domain Holdings Australia has received a draft class ruling from the ATO that aligns with its previously disclosed tax positions for the upcoming CoStar acquisition scheme. The final ruling, expected post-implementation, will provide definitive tax clarity for shareholders.

The Foreign Investment Review Board has approved CoStar Group’s acquisition of Domain Holdings, clearing a major regulatory hurdle ahead of the shareholder vote scheduled for August 4.

Way2VAT has secured a significant three-year contract with global real estate giant JLL, deploying its AI-driven VAT recovery and compliance platform across 25 entities worldwide. This deal positions Way2VAT as a key player in automated VAT solutions for multinational corporations.