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Technology

Modernising Australia’s property transactions

Australia’s first and only national property exchange.

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SectorTechnology
Sub-sectorProperty
LocationAustralia

Opportunity

PEXA was formed in 2010 to fulfil the Council of Australian Governments’ initiative to deliver a single, national e-conveyancing solution to the Australian property industry.

Approach

Macquarie provided advisory services and significant equity investment to support the growth and evolution of this innovative digital enterprise.

Outcome

Australia’s first and only national property exchange.

245+ staff1

operating in five states

90%

of Land Registry transactions by volume2

960,000+

PEXA transactions completed

$A100 billion+

of value settled3

Numbers as at March 2018

1. Including contractors.
2. Land registry transactions capable of being processed through the platform by transaction volume.
3. Value settled via PEXA’s financial settlement model.

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