Zurich-based property valuations and market insights platform PriceHubble has acquired UK residential property market intelligence company Dataloft - sum undisclosed.
Dataloft will continue to operate as a separate legal entity in the UK - while gaining access to PriceHubble’s technology and Europe-wide data resources,
“PriceHubble is one of Europe’s fastest growing data science proptechs. We share a product and customer vision and benefit from the acquisition in several respects. In addition to PriceHubble’s international reach and global strategy, we also gain access to sophisticated market and data technologies and reach new customer segments, particularly in the financial services sector, as well as pan-European market coverage. We will also benefit from access to Europe’s largest data science and tech team focused on residential real estate," says Sandra Jones who will retain her leadership position as Managing Director of Dataloft.
Founded in 2016, PriceHubble provides customers a series of actionable analytics via user-friendly data visualisation. Data sources include valuations, market analyses, value forecasts, and/or building simulations, and the company targets banks, asset managers, developers, property managers, and real estate agents.
"The UK, Europe’s largest real estate and banking market, is strategically important to us. With the acquisition of Dataloft, we gain an exciting business with deep rooted market expertise in the UK, and are very excited to welcome to the PriceHubble family, a team of very professional and highly experienced housing market experts, who know the UK market inside-out," Dr. Stefan Heitmann, founder and Executive Chairman of PriceHubble.
"In the turbulent markets of today, our customers demand accurate, next generation data products more than ever to support their business development and deliver a new level of customer experience. This makes Dataloft and PriceHubble even more attractive partners for the UK’s real estate and banking industry," he added.
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