Scout24 SE Acquires Neubau Kompass AG

Scout24 SE has announced its acquisition of neubau kompass AG, a digital marketing platform specializing in new residential properties in Germany and Austria. This strategic acquisition aims to integrate neubau kompass' offerings into the ImmoScout24 ecosystem, enhancing services for property developers and agents by providing direct access to potential buyers. The move is expected to leverage ImmoScout24's brand strength and reach, further advancing the market for new residential properties.

Founded in 2008, neubau kompass expanded to Austria in 2018 and is recognized for its user-friendly platform, benefiting buyers and sellers with reliable property listings and market insights. Florian Huber, co-founder of neubau kompass, expresses enthusiasm over the merger, highlighting the platform's alignment with ImmoScout24’s strategic goals. The acquisition terms remain undisclosed, but the combined capabilities promise to bolster housing market development in Germany.