Overview

• Scout24 announced a deal to buy the Spanish property portals for about €153 million, with completion expected in the coming months.
• Finalization is conditional on EQT first closing its acquisition of Adevinta España and on customary competition clearances.
• The company will fund the purchase with cash and existing credit lines, and it said its share buyback program remains unchanged.
• The group targets a combined reach of about 28 million monthly unique visitors across Germany, Austria and Spain to ease cross-border access for real estate professionals.
• Fotocasa and Habitaclia will keep their brands and management teams; Scout24 projects roughly €60 million in revenue and about €11 million in pro forma EBITDA for 2025, and cites more than 8 million monthly active users and close to one million listings.