Estating has founded a subsidiary in Zurich, as revealed by an article published on the German real estate platform konii.de. Having already established a presence in Berlin, Luxembourg and the Armenian capital of Yerevan, Zurich now represents the PropTech start-up’s fourth location.
Estating enables investors to acquire shares in individual real estate assets around the world starting at a value of 50,000 euros. In so doing, the company focuses on the luxury property segment in particular.
According to the article, the new Zurich location will serve as a wealth management hub. “Switzerland is the world’s leading asset management center”, comments Daniel Vegue Dominguez, CEO and co-founder of Estating, in the article, before adding: “The move to Switzerland was logical due to demand and our comprehensive network in the country”.
Sales are concluded exclusively via financial investment advisors and asset managers, while also being partly organized from Switzerland, as Matthias Oetken, co-founder of the start-up, reveals in an interview with the platform FinanceFWD. Oetken previously worked as Chief Financial Officer at the German digital bank N26.
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