Wüest Partner: Participation in Deal Estate

Deal Estate AG was founded just one year ago - by four people who are very well connected in the Swiss real estate market: Anja Meyer, Patrick Meyer, Peter Wullschleger and Dr. Christoph Zaborowski. Until recently, the company was 100 percent owned by them - until Wüest Partner acquired a 35 percent stake in the shares of Deal Estate AG on July 1, 2017. The aim of the transaction was to expand the portal dealestate.ch for professional digital real estate transactions together, according to a media release from the companies.

Under the domain dealestate.ch, a new digital transaction platform for investment properties is being launched in Switzerland; the portal focuses on the digitalization of professional transaction processes, both on the seller and the buyer side. In addition to institutional investors, private investors and developers are to be addressed as customers. The portal's target audience also includes brokers and the major brokerage houses. Deal Estate itself is not active as an intermediary, but only provides market players with the innovative application. In the coming weeks, the portal will be tested by selected real estate specialists; the broad rollout in the market is planned for the third quarter of 2017.

Wüest Partner and its subsidiary Datahouse announced that they will contribute their expertise in data, processes and application development as well as real estate market information to the partnership. Andreas Ammann, partner and board member of Wüest Partner AG, will join the board of Deal Estate AG; Andreas Keller, partner of Wüest Partner and CEO of Datahouse, will complement the management team of Deal Estate AG.