Announced
Completed
Financials
Sources
Tags
Completed
digital platform
Acquisition
online real estate services
Restructuring
Online and Social Platforms
Single Bidder
Majority
United Kingdom
Private
Friendly
Synopsis
Patrizia Immobilien, an investment manager in the real estate market, completed the acquisition of BrickVest, which develops digital platforms and solutions for the commercial real estate industry. Financial terms were not disclosed. "BrickVest’s platform approach and technology offers significant benefits for investors and the wider industry. It directly connects investors to a wide-ranging and easily accessible portfolio of real asset investment solutions from different investment firms. Our clear goal is to engage more industry players and to attract a broad variety of real asset investment opportunities to the platform," Manuel Käsbauer, Patrizia Chief Technology & Innovation Officer.
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