Global property data and technology business PriceHubble has acquired UK residential property market intelligence company Dataloft.
As part of the acquisition, Dataloft will continue to operate as a separate legal entity in the UK, while gaining access to PriceHubble’s technology and Europe-wide data resources.
Dr Stefan Heitmann, founder and executive chairman of PriceHubble, said: “The UK, Europe’s largest real estate and banking market, is strategically important to us. With the acquisition of Dataloft, we gain an exciting business with deep rooted market expertise in the UK, and are very excited to welcome to the PriceHubble family, a team of very professional and highly experienced housing market experts, who know the UK market inside-out.”
Sandra Jones, managing director of Dataloft, added: “PriceHubble is one of Europe’s fastest growing data science proptechs. We share a product and customer vision and benefit from the acquisition in several respects. In addition to PriceHubble’s international reach and global strategy, we also gain access to sophisticated market and data technologies and reach new customer segments, particularly in the financial services sector, as well as pan-European market coverage. We will also benefit from access to the largest data science and tech team in Europe focused on residential real estate.”
