zAngus

$REA:ASX - REA GROUP - RealEstate.com.au etc up 50% YTD

Long
ASX:REA   REA GROUP LTD
I didn't realise that REA operated across as many countries with as many portals as they do. Well known to Australians for the RealEstate.com.au portal they also have similar sites across Europe and Asia. They have been having a great run so far this year so could be worth a watch.

REA Group Limited advertises property and property-related services on Websites and mobile applications in Australia, Europe and Asia. The Company's segments include Australia, Europe, North America, Asia and Corporate. It operates residential and commercial property sites, realestate.com.au and realcommercial.com.au in Australia. Its European operations consist of Italy, Luxembourg and France. It operates Italian digital property advertising business, casa.it; Luxembourg's residential and commercial property sites, atHome.lu and atOffice.lu, and immoRegion.fr in France. Its Asian operations comprise iProperty, which operates property portals across Malaysia and Hong Kong, and portals in Thailand, Singapore and Indonesia, and its Chinese site, myfun.com, which supports the Asian, Australian and the United States businesses by showcasing residential property listings to Chinese buyers and investors. It has interest in Move, Inc. and PropTiger, which offer online real estate services.

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