Advice Vocento sells Pisos.com

For 22.5 million to the Italian group Immobiliare.it

Advice Vocento sells Pisos.com for 22.5 million to the Italian group Immobiliare.it

$$BDO.LiveSite.Deals.Industry$$Real Estate
$$BDO.LiveSite.Deals.ClientName$$Vocento
Vocento sells Pisos.com for 22.5 million to the Italian group Immobiliare.it

Vocento has agreed to sell Pisos.com to the Italian group Immobiliare.it S.p.A. for 22.5 million €. The operation is part of the divestment of Habitat.Soft S.L., a company that includes the real estate portal as well as Pisocompartido.com and the real estate agency management software HabitatSoft.

With this acquisition, Immobiliare.it, which is a leader in the sector in Italy, strengthens its position in Spain, where it already owns Indomio.es and Enalquiler.com.

Many thanks to Immobiliare.it S.p.A for trusting the Deal Advisory team at @BDO Spain to advise them on this operation by conducting financial and tax due diligence.