Scout24 Expands Austrian Market with IMMOunited Acquisition

Scout24 SE has announced the acquisition of IMMOunited, a company specializing in providing land registry data and real estate transaction information in Austria. Founded in Vienna in 2007, IMMOunited has been instrumental in promoting transparency in the Austrian real estate market. This acquisition aligns with Scout24's strategy to create a more interconnected real estate ecosystem.

The integration of IMMOunited will enhance Scout24's offerings in Austria, enabling a comprehensive view of property lifecycles. Customers will benefit from improved market analyses and valuation tools. Roland Schmid, CEO of IMMOunited, will support the transition, while Scout24's management team plans to ensure continuity and efficiency.

No financial details of the transaction have been disclosed, and it is subject to regulatory approvals. This move marks a significant step for Scout24 in digitizing and innovating real estate market dynamics in Austria.