Global property data and technology business PriceHubble has announced the acquisition of Dataloft, a UK residential property market intelligence company.
The acquisition marks PriceHubble’s fifth to date and represents a significant milestone in its global growth strategy, building on its success in Europe and Asian markets.
The acquisition comes at a time when the UK housing market is showing signs of stabilising after a period of uncertainty.
Dataloft will continue to operate as a separate legal entity in the UK under the ongoing leadership of Sandra Jones. Further integration into the PriceHubble Group is planned for the coming year.
Dr. Stefan Heitmann, founder and Executive Chairman of PriceHubble, said: “With the acquisition of Dataloft, we gain an exciting business with deep-rooted market expertise in the UK, and are very excited to welcome to the PriceHubble family, a team of very professional and highly experienced housing market experts, who know the UK market inside-out.”
Jones added: “PriceHubble is one of Europe’s fastest-growing data science proptechs. We share a product and customer vision and benefit from the acquisition in several respects. In addition to PriceHubble’s international reach and global strategy, we also gain access to sophisticated market and data technologies and reach new customer segments, particularly in the financial services sector, as well as pan-European market coverage. We will also benefit from access to the largest data science and tech team in Europe focused on residential real estate.”
Dataloft, founded in 2009, has established itself as a trusted partner to some of the UK’s best-known names in real estate.
Its online platform, Dataloft Inform, translates millions of data points into trends, insights, and visualizations on local, regional, and national housing markets.