CoStar has spent more than $22 million buying Homes.com.au in a sign of how the American real estate giant plans to reshape the local property listings industry after it acquires Domain in a $3 billion takeover.
CoStar, one of the world’s biggest real estate listing platform providers, already operates Homes.com in the United States. It will pay $22.8 million to buy the local domain from a company founded by property developer Pat Carbone in 2018, two sources with knowledge of the transaction said.
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