Tecnocasa, one of Italy’s top real estate brokerage agency, recently unveiled its financial statement for 2018.

“The company and its subsidiaries through which the Group operates in the real estate franchising, trading and consulting segments, as well as in the financial and insurance sectors, closed the year 2018 with a net profit of €19,095,000 ” CEO Luigi Cavuoto said.

This is an increase from a net profit of €18,953,000 in 2017. Company assets for the same year totaled €268,700,000 with a net worth of €221,630,000 and an output of €153,100,000.

Starting in Milan in 1979 and adopting a franchising strategy in 1986, Tecnocasa Group now owns a large number of subsidiaries and operates 2,300 agencies in nine countries: Italy, Spain, Mexico, Tunisia, Morocco, France, Poland, Hungary, and Thailand. Tecnocasa.it is currently ranked as the third most-visited real estate website in Italy.

 

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