REA Group has agreed to acquire an initial 70% interest in Simplicity Loans & Advisory, an award-winning commercial finance brokerage that serves Australian businesses and developers across sectors including construction, mining, industrial, retail, and medical. The remaining 30% interest is set to be acquired by the end of 2029. Simplicity will continue to operate under its current brand and leadership, with Managing Directors Jean-Pierre Gortan and Matthew Johnson remaining in place. The acquisition, which is expected to complete in about two months, will also see REA Group gain access to Marketplace Finance, Simplicity’s broker referral marketplace and workflow platform, further expanding REA’s commercial lending capabilities.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. REA Group Limited published the original content used to generate this news brief on February 10, 2026, and is solely responsible for the information contained therein.