People Roundup: Domain, CoStar Group, Hemnet

This week's People Roundup begins with rumours of layoffs in Australia...

Oceania: Domain reportedly lays off staff, but headcount will increase

Australia's second real estate portal, Domain, has reportedly made a sweeping round of redundancies but will increase its headcount.

According to coverage by AIM Group, sources close to CoStar Group-owned Domain said that dozens of staff have been laid off from the portal's Product, Technology, Marketing and Strategy divisions.

A Domain spokesperson told the AIM Group that Domain's headcount will increase as the firm hires for roles in research and photography.

"[Domain is] sharpening its focus to unlock the next phase of growth. With a clear strategy now established under CoStar Group, a standalone strategy function is no longer required in its previous form."

Domain's strategy division will now fall at CoStar's feet, but its "well-established" product and technology teams will remain in Australia.

North America: CoStar appoints new board member

Nana Banerjee has been appointed to the CoStar Group board as an independent director.

According to a landing page for CoStar's leadership team:

Nana Banerjee is a seasoned executive with extensive experience leading and scaling global technology, information services, financial services and data-driven businesses. Most recently, he served as President, Chief Executive Officer of Pelmorex Corp., a global weather and climate data company best known for The Weather Network and MétéoMédia in Canada. During his tenure, he successfully led the company’s transformation with market leading AI-native offerings.

CoStar Group has nine board members, eight of whom are independent. The company's board has recently faced criticism by activist investors regarding the performance of Homes.com.

Europe: Hemnet appoints new Chief People and Culture Officer

Sabina Klint has been appointed as Chief People and Culture Officer at Sweden's market-leading real estate marketplace, Hemnet, bringing over 20 years of executive experience from companies like Funnel, Klarna and Electrolux.

Klint will take up her new position in June 2026.

Klint said:

"I am excited to join Hemnet, a company at the heart of the Swedish property market, with a product I use regularly and value highly. My focus is to continue building a high-performing organization in a fast-changing world, where our talent, culture, and innovation deliver meaningful value to customers and partners. Together, we will keep Hemnet at the forefront as a trusted, tech-driven platform for the housing market."

Hemnet proposes new board appointment

Fredrik Strömsten has been proposed for appointment to the board of directors at the Swedish market leader, Hemnet.

Strömsten is a co-founder of the Swedish real estate platform, Qasa, part of Vend. He resigned as CEO in 2024.

The Nomination Committee of Hemnet's proposal will be addressed during the company's AGM in May 2026.