Price Hubble and TECMA Solutions intend to jointly offer digital solutions for the real estate and mortgage industries across several countries, further details of which can be found in a press release. The collaboration between the two firms will cover Switzerland, Italy, Germany, France, Belgium, Austria and the UK.
The Zurich-based PropTech firm PriceHubble is a specialist in the area of data-driven solutions primarily aimed at digital real estate valuation and analysis on the basis of Big Data, Artificial Intelligence (AI), advanced statistical analysis methods and attractive visualization. TECMA Solutions, which is listed on the Milan Stock Exchange, offers technical solutions to increase the value of real estate projects and simplify sales transactions and rental management processes via its fully digitized platform. According to the information in the press release, TECMA has processed transactions with a total value in excess of 9 billion euros with a team of 200 employees and has around 400 active projects in Italy and abroad.
The two companies’ partnership “offers the opportunity for multinational companies to build their own digital ecosystem for their business”, explains PriceHubble CEO Julien Schillewaert in the press release, adding that: “Thanks to TECMA’s market leadership in Italy, we will also be able to take an important first step on the Italian market”. According to Stefan Heitmann, founder and Chairman of the Board of Directors of PriceHubble AG, this will also support PriceHubble in its mission to “bring the customer experience in the real estate and financial sectors to the next level”.