ASX-listed real estate giant REA Group is mulling its future in south-east Asia. Tonight, we’ve got the scoop on which investment bank has been called in by REA to help it assess options for its south-east Asian assets.
The company has struggled to gain traction in the region, and the review comes five years after it bought iProperty Group for $750 million.
Elsewhere, we take a look at which parties are bidding for Downer Group’s Open Cut Mining East business. It’s one of the final sales in a series of divestments as part of the company’s “urban services strategy”.
Real estate listings giant REA Group is mulling its long-term future in south-east Asian property markets, as part of a review helmed by investment bank Goldman Sachs.