One of PEXA's biggest supporters has shrugged off regulatory uncertainty surrounding the electronic property settlement platform and its possible effect on the valuation of the company as a standalone business.
Yarra Capital Management managing director Dion Hershan also said a valuation of PEXA – currently 44.2 per cent-owned by registry group Link – of about $2.5 billion was likely to include the expectation of some new data and analytics services revenue and seemed accurate.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
