Business

CoStar Group Completes Acquisition of Domain, Ushering in a New Era of Innovation for Australia’s Property Market

SYDNEY & ARLINGTON, Va., August 27, 2025--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today the successful completion of its acquisition of Domain Holdings Australia Limited ("Domain"), one of Australia’s leading property marketplaces.

articleCostar Group, Inc.August 27, 20256/company/costar-group-inc/news/costar-group-completes-acquisition-of-domain-ushering-in-a-new-era-of-innovation-for-australias-property-market
CoStar Group Completes Acquisition of Domain, Ushering in a New Era of Innovation for Australia’s Property Market

About this update from Costar Group, Inc.

[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1024,"height":512,"url":"https://media.zenfs.com/en/business-wire.com/71ac4414d67835495814cd9ad83aacca"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/mP9jBwMtHPc_vj67NMhjUg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ4MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/71ac4414d67835495814cd9ad83aacca","width":960,"height":480},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/5MgAlSjyGW.63FkS7yx.8g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwNDg7aD0xMDI0O2NmPXdlYnA-/https://media.zenfs.com/en/business-wire.com/71ac4414d67835495814cd9ad83aacca","width":1024,"height":512}},"lazy":false},{"type":"text","content":"CoStar Group’s acquisition of Domain expected to bring greater value and competition to agents, vendors, and homebuyers across Australia.","length":137,"tagName":"p","attribs":{}},{"type":"text","content":"SYDNEY & ARLINGTON, Va., August 27, 2025--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics and 3D digital twin technology in the property markets, announced today the successful completion of its acquisition of Domain Holdings Australia Limited ("Domain"), one of Australia’s leading property marketplaces.","length":401,"tagName":"p"},{"type":"text","content":"This transformative acquisition will combine CoStar Group’s proven global scale, technology leadership, and pro-agent approach with Domain’s deep expertise and strong portfolio of trusted Australian property brands.","length":215,"tagName":"p"},{"type":"text","content":""Today marks an important milestone as CoStar Group and Domain officially come together to redefine the Australian property market," said Andy Florance, Founder and Chief Executive Officer of CoStar Group. "For too long, agents, buyers and vendors have faced an unbalanced marketplace dominated by an intention to extract value rather than deliver it. Our vision is different. We are building a more compelling user experience at a lower cost – driving greater value for agents, vendors, and buyers alike. We are the agent’s ally, and we will never operate at their expense."","length":595,"tagName":"p"},{"type":"text","content":"Domain reaches an average of 7 million Au...

More updates from Costar Group, Inc.

CoStar GroupDomain acquisitionAustraliaCoStar Group, Inc.commercial real estateAustralian propertyreal estateAndy Florance