EQT has agreed to acquire idealista, the leading online real estate classifieds platform in Southern Europe.

EQT will support idealista’s growth momentum and further penetration of existing markets by leveraging EQT’s extensive advisory network and digital “local with local” approach.

In addition, it will help develop idealista’s portfolio of value-add services for real estate agents and pursuit of commercial excellence by investing in the firm’s online platform.

Idealista’s underlying market is supported by favorable secular megatrends, such as the increasing shift from offline to online marketing spend, as well as significant network effects driven by the platform’s strong brand recognition

Source: EQT

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