Immobiliare.it Announces Groundbreaking Partnership with UniCredit Bank

July 20, 2022
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Italy based portal Immobiliare has announced a partnership with banking institution UniCredit in the first deal of its kind in Italy.

Immobiliare will collaborate with UniCredit to monitor real estate valuations every six months and collect data on mortgage loans given out by the bank.

The deal will combine Immobiliare's own machine-learning valuation models with UniCredit's mortgage data to create—theoretically—the most robust and trustable source of property valuations in Italy.

UniCredit is the only Italian financial institution that follows the guidelines of the European Banking Authority (EBA), so Immobiliare could only form such an agreement with them.

Antonio Intini, chief business officer of Immobiliare.it, said:

"We are thrilled to support UniCredit in this virtuous and innovative path through advanced mathematical models and a database made up of a plurality of real estate. In addition to demographic sources and socio-economic data, [we will be] able to return an accurate, independent and reliable evaluation of the properties."

July 20, 2022
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

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