RSS Scout24 Expands Commercial Real Estate Data, Valuation Services With Bulwiengesa Acquisition

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 RSS Scout24 Expands Commercial Real Estate Data, Valuation Services With Bulwiengesa Acquisition

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On Monday, the German digital enterprise Scout24 SE (SCOTF) announced its acquisition of Bulwiengesa AG, a company specializing in data and valuation services for the German commercial real estate sector. Specific terms of the transaction have not been disclosed.

This acquisition aligns with Scout24’s strategy to enhance its data and valuation capabilities by incorporating commercial real estate offerings.

By integrating the real estate market database RIWIS from Bulwiengesa into its portfolio, Scout24 can provide its business clients with a broader array of services. This integration into the ImmoScout24 platform is set to offer customers improved market insights, innovative data-driven tools, and enhanced decision-making options in real estate transactions.

Sven Carstensen, who has been with Bulwiengesa for over two decades and has served as COO since 2020, will assume the role of CEO. He takes over from Ralf Koschny, who will transition to a position on Bulwiengesa's new Supervisory Board.

These leadership changes are anticipated to sustain strong governance at Bulwiengesa while continuing to deliver high-quality service and support to its clients.

The material has been provided by InstaForex Company - www.instaforex.com
 
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