Small announcement in Christmas week: Germany’s ImmobilienScout24, a 100 percent subsidiary of listed Scout24 Group, has taken a 15 percent share in Dusseldorp based start-up Salz&Brot. The young company is assisting renters to find landlords without real estate agents. Users can apply for  ads, can subscribe to Whatsapp feeds and follow activities on Facebook. The offering includes ads posted on ImmobilienScout24 in 30 German cities.

No financial details were revealed. The partnership between ImmobilienScout24 and Salz&Brot started about a year ago when the start-up took temporarily residence in Berlin at ImmobilienScout’s incubator and co-working space YouIsNow that offers a mentoring program with zero equity.

Read the full release (in German) here.

Print Friendly, PDF & Email

Related Articles