CBRE launches online platform for real estate deals
CBRE has launched "Deal Flow," an online platform for buying and selling real estate, in Switzerland. The platform is already in use in other countries.
The real estate services provider CBRE has now also launched "Deal Flow" in Switzerland. So far, the online listing platform for individual and portfolio transactions has been used in the USA and numerous other European countries.
"Deal Flow" provides an overview of CBRE's global and local sales transactions, the company says. Registered users can enter their investment preferences and receive information about relevant opportunities. Real estate owners, in turn, can determine which interested parties they want to disclose their properties to and at what level of detail.
The tool guides buyers through the sales process and combines the confidentiality declaration, data room and bidding. Thus, the transaction platform fulfills all requirements for a structured bidding process, CBRE says.
Deal Flow has over half a million registered users worldwide, according to the company. The largest transaction completed was for around CHF 200 million.
"Technological advancements are also becoming increasingly important in the real estate industry," says Sergio Günthardt, Co-Head of Capital Markets CBRE Switzerland. Deal Flow, he said, offers clients a marketing tool to execute real estate transactions. "It also significantly simplifies access for international capital into the Swiss market."
CBRE Switzerland is already using the platform for two assets that have recently appeared on the market, the real estate service provider says. The first is a 30,000 sqm site in the Zurich conurbation, the second is a larger property in the Geneva region.
