The real estate sector is on a roll: Housell raises 12M euros

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Recently, Housfy announced a new round of financing. 6 million euros for the company founded by Albert Bosch and Miquel Mora who joined their previous 2 million. This way, they gave entrance to the investors of Glovo and Seaya. 4,000 for each successful home sale; This is the system that wants to jeopardize traditional real estate and that, in view of the upward movements of the flats market in Spain, is more attractive for investors. And not only in what concerns the purchase-sale of housing; The companies linked to the rental of flats have also found their place in a sector, to date, lacking in innovation.

Spotahome, one of the best financed companies in Spain, or Badi would be some of the examples of growth in recent years. The latter, in fact, has seen in the growth of the large funds as rental managers ** a new reef for the management of the properties in its platform.

Now, a new round for the sector points to a great growth of these business models in Spain for the coming years. Housell has just announced a new round of financing for 12 million euros. Cerberus, one of the most powerful real estate funds in the current market, acquired this company for 3.9 million euros. Founded by Guillermo Llibre, who already created Groupalia, the proposal of the company proptech has a similar bet that its direct competition: a commission of between 945 and 1,700 euros for each successful sale.

The already buyer of the company participates in this operation, which uses this movement as a mechanism to increase the presence of its subsidiary in Spain. The Germans are also on the table under the banner of Axel Springer. In this way, the German group delves into its investments in the brick adding to its 26.6% in Purplebricks, the same business model in this case of British origin.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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