Press > Press releases > 2019
Aareon acquires stake in Dutch PropTech company OSRE B.V.
OSRE B.V. makes transactions related to the sale and rental of properties more efficient via its digital solution platform. The aim of the partnership in the Netherlands is to integrate OSRE’s software into Aareon Smart World and jointly develop markets.
Mainz, 16 April 2019 – Aareon, Europe’s leading provider of systems and consulting services for the property industry and its partners in the digital age, has acquired a 19% stake in the Dutch PropTech company OSRE B.V., Amsterdam.
The added value of OSRE B.V.’s digital solution platform lies in the complete automation of real estate transaction processes. From advertising and on boarding to landlord/tenant profile matching and signing contracts, companies can carry out transactions faster, smarter and more securely.
Dr. Imad Abdallah, Chief Digital and Ventures Officer of Aareon AG, said: “With our participation in OSRE, we are continuing our strategy of investing in start-ups as part of our international growth story. Across Aareon Group, we cooperate with promising PropTech companies in order to expand our Aareon Smart World portfolio for the benefit of the property industry and its partners. We regard OSRE as a major player in the efficient digitisation of property transactions. This plays an important role especially in our growth area, the commercial property market.”
“We have concluded a partnership agreement in the Netherlands with a view to jointly exploiting our competitive advantage and further developing our markets. The cooperation has already begun. At the same time, the customers of Aareon Nederland, Kalshoven Automation and OSRE will benefit from greater efficiency through reduced administrative effort and the integration of OSRE’s solution in Aareon Smart World,” says Jeroen Kuiper, Managing Director of Aareon Nederland B.V.
Jurjen Thomas, Chief Executive Officer of OSRE B.V.: “The strategic partnership with Aareon is an important step into the future for us. Our goal is to become the market leader for digital real estate transactions in the Netherlands through the best possible technology. The cooperation with Aareon as an investor will enable us to achieve further growth and access new markets.”
About Aareon Nederland
Aareon Nederland B.V. is a leading provider of specialised software for the property industry. As a strategic business partner, it supports its customers in achieving their existing and future corporate objectives. To this end, it offers modern, ground-breaking ICT solutions tailored to its customers’ respective goals. The product range includes the office management solution Facilitor, the case management solution ShareWorX®, and the ERP solutions Tobias AX based on Microsoft Dynamics® AX, REMS and Incit Xpand. The solutions are used in the administration of 558,000 rental units in the Netherlands. Aareon Nederland has its head office in Emmen and employs around 240 staff.
About OSRE
Since 2012 OSRE is active in the customer journey of making the real estate transaction smarter. Based on a Software-as-a-Service multi-site platform for multiple asset classes OSRE connects property to people. OSRE believes that the process of a transaction has to give real estate professionals, tenants and buyers a smile. With 15 people all with a passion for real estate and technology, OSRE is working every day on an innovative and scalable product, a platform to automate the real estate transaction.