REA Group has declared the acquisition of a minority share in Agtuary, a rural property and environmental data platform.
This strategic investment aligns with REA Group's expansion efforts and enhances its repertoire of data services across diverse property landscapes.
Agtuary converts scattered rural and environmental data into a unified, standardised format. Utilising geospatial analytics and AI technologies, Agtuary provides comprehensive tools and workflows tailored for stakeholders in the property and finance sectors.
The platform’s offerings include land due diligence, environmental analysis reports, and tools for emissions accounting, mapping, and portfolio management.
“Agtuary presents a unique proposition by amalgamating land use and climate data into a single platform, thus equipping our customers with the crucial data needed for informed decision-making in rural property transactions,” said Kris Mathews (pictured left), executive general manager of PropTrack at REA Group.
Looking ahead, REA Group plans to collaborate with Agtuary to introduce new features like rainfall charts and land usage data on its major property listing sites, realcommercial.com.au and realestate.com.au.
These integrations are expected to provide valuable insights to real estate professionals, particularly in the sale of rural properties.
Angus Mufati (pictured right), Agtuary’s co-founder and CEO, shared his enthusiasm about the partnership.
“REA Group’s investment is not just a financial boost but a strategic alliance that will accelerate the next growth phase for Agtuary, addressing the pressing needs of the rural property sector,” Mufati said.
The announcement coincides with REA Group’s impressive first-half 2025 performance.
Revenue reached $873 million, surpassing the expected $854m. EBITDA, with associate contributions, was $521m – above the $515m forecast. NPAT stood at $314m, exceeding predictions of $307m.
However, the upcoming retirement of CEO Owen Wilson marks a transitional period for the company. Despite this, REA remains optimistic about its growth and market position, supported by strategic investments and robust early listings in January.
