Domain Group

Domain Group is a wholly owned business of Fairfax Media, a major newspaper publisher in Australia, primarily operating the property portal and associated real-estate industry businesses. Fairfax branded their real-estate sections in print with the Domain brand and first established an online presence in 1999. Since then the Domain Group has grown from the real-estate portal domain.com.au into Australia's second largest real-estate marketing business with 90% market penetration, competing directly with REA Group.In March 2015 Fairfax held an investor briefing focused on the Domain GroupThe Domain Group consists of a portfolio of businesses including: The home listings portal The commercial property portal My Desktop, An agency CRM and listings management system APM Pricefinder, a property data business whose products focus on modelling projected values of real estate for investors, agents and financial institutions Metro Media Publishing Group (MMP), which was fully acquired by Fairfax Media in January 2015 and consolidated into the Domain Group. In February 2015, the Australian Financial Review published an article highlighting Credit Suisse analyst expectations of a likely float of the Domain Group in the future, and attributed an AUD $1.3 billion valuation to the group.On 21 February 2017 trading in Fairfax shares was suspended until half yearly results and an announcement of intent to turn Domain into a listed entity were announced. two days later.