Antony Catalano invests in new property tech business

New newspaper owner and former Domain boss Antony Catalano is investing in a property tech business.

Antony Catalano in his Melbourne home. Pic: Stuart McEvoy

Antony Catalano has invested in a new property technology business, less than three weeks after the former Domain boss joined forces with billionaire investor Alex Waislitz to buy Nine Entertainment’s regional newspapers.

Mr Catalano will also chair the company, The Today Business, which will provide media planning, marketing and management services to the real estate industry.

Co-managing director Travis Day said the business “combines decades of media and property experience with our proprietary technology to take full advantage of today’s marketplace”.

Mr Day will manage the new business with former Domain Media director Simon Kent.

Other founding members include former Domain executive Trent Casson, who will lead the residential arm of the new business, Barrie Bowles, who will head its digital strategy, and Paul Giorgilli, the group’s chief technology officer.

TTB’s clients include, Resimax Property Group, Caydon Property Group, Thirdi Group, Gibson Property Corporation and The Agency.

No financial details were released.

Nine late last month announced the sale of 160-plus regional mastheads, inherited from its $4 billion merger with Fairfax Media, to Mr Catalano and Mr Waislitz’s Thorney Investment Group for $125 million.

The pair will pay $105m by the end of June and another $10m within the next 12 months. The deal also includes $10m of advertising for Nine.