The Real Brokerage and RE/MAX Holdings have finalised their business combination, forming Real REMAX Group Inc. The deal introduces the new trading symbol REAX on the Nasdaq following a 10-for-1 share consolidation for Real investors and stock or cash payouts for RE/MAX shareholders. Chief Executive Tamir Poleg highlighted the move as a transformational step for property technology and network expansion.
CoStar Group has acquired an approximate 30 per cent stake in Italy's agent-backed real estate platform Wikicasa. The deal integrates Wikicasa's database of 600,000 listings with CoStar's global networks like LoopNet. The partnership aims to accelerate digital transformation in the Italian property market by expanding international visibility for local listings and encouraging the widespread adoption of Matterport 3D digital twin technology.
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