Real Estate Software | M&A Update | July 2024

Latest market trends, valuation levels and deals in the Real Estate Software sector

The transformation of the market continues, and M&A is increasingly the method of choice to secure or further expand existing market positioning.

We are pleased to provide you with the latest edition of our Real Estate Software (RES) industry report, which highlights key industry trends and offers up-to-date insights on valuation levels and selected transactions.

A return to an adequate inflation rate and the resulting reduction in interest rates are increasingly improving macroeconomic conditions, making investment decisions easier. The strong interest in acquisitions by strategic and financial investors in a market that continues to consolidate is expected to gain momentum. Simultaneously, the market grows strongly due to the increasingly necessary digitalization in the real estate sector. These excellent market conditions are extremely attractive for international investors. This is illustrated by recent significant transactions such as the acquisition of Haufe-Lexware Real Estate AG by Aareon AG and the subsequent sale of the Aareon Group to the US investor TPG. As the German market is still highly fragmented, we expect to see many more deals in the coming years.

We welcome your feedback and are happy to discuss the latest industry trends with you in person!