CoStar Group acquired Domain Holdings Australia Limited for A$4.43 per share, implying an enterprise value of about A$3.0 billion; roughly A$2.3 billion (about $1.5 billion) for the remaining shares, after an earlier A$452 million (about $285 million) stake for approximately 17%, a transaction announced in May 2025, structured as all cash (scheme of arrangement).
Domain Holdings Australia Limited operates in Residential real estate marketplaces (Australia). CoStar entered a binding Scheme Implementation Deed to acquire 100% of Domain Holdings Australia, a leading Australian property marketplace. In February 2025 CoStar had acquired roughly 17% of Domain's shares at A$4.20 per share for about A$452 million. Under the scheme, CoStar agreed to pay A$4.43 per share for the balance, valuing Domain at an implied enterprise value of about A$3.0 billion. The Domain board unanimously recommended shareholders vote in favor, subject to shareholder, court, and Australian Foreign Investment Review Board approvals.
Acquire a leading Australian residential property marketplace to extend CoStar's marketplace platform internationally.
Advisory firms were not disclosed for this transaction.