DGAP-News

Scout24 acquires Vermietet.de - a leading digital property management platform for private landlords

DGAP-News: Scout24 AG / Key word(s): Mergers & Acquisitions Scout24 acquires Vermietet.de - a leading digital property management platform for private landlords 11.05.2021 / 12:40 The issuer is solely responsible for the content of this announcement. Scout24 acquires Vermietet.de - a leading digital property management platform for private landlords

• Vermietet.de is a market leading digital platform for private landlords to manage all property related processes.
• With the acquisition of Vermietet.de, Scout24 further expands its networked marketplace ecosystem.
• Landlords listing on ImmoScout24 will be able to continue their journey on Vermietet.de.

Munich / Berlin, 11 May 2021 - Scout24 has signed an agreement to acquire a majority stake in Zenhomes GmbH, the company behind Vermietet.de which is a market leading digital platform for private landlords to manage all property related processes. The cloud-based tools of Vermietet.de will be combined with the ImmoScout24 offering thereby significantly broadening the product scope. With ImmoScout24 the right tenants can be found. With Vermietet.de, landlords will now be able to manage the complete lifecycle of the tenancy. Vermietet.de was founded in 2016 by Jannes Fischer who will remain in the company as managing director.

Vermietet.de offers private landlords and property managers a comprehensive digital toolkit to manage the relationship with their tenants, prepare utility bills, assemble tax-declaration data, or obtain information on the market value of their properties.

"With Vermietet.de, we will substantially extend ImmoScout24's product offering for private landlords, fully in line with our market network strategy. With the investment in this company and continued partnership with Jannes Fischer and his team, we will accelerate our digital product development for the tenant market. In the German real estate market, rent is key. By the end of 2021, our customers will benefit from first synergies of both platforms," says Tobias Hartmann, CEO of Scout24.