The Swiss proptech company Immowise offers its solution in German-speaking Switzerland

June 2022

Zurich, and Neuchâtel, June 21, 2022. The proptech company, which is 100 percent dedicated to the management of condominium meetings in Switzerland, is expanding its services in German-speaking Switzerland. Founded by Wise.swiss during the pandemic and initially developed for French-speaking administrators, the platform is now available to manage and organize any type of AGM anywhere in Switzerland. In order to promote this development throughout Switzerland, the company opens a branch in Zurich and appoints Teresa Astorina as director.

Condominiums in Switzerland: An industry that only gains from digitization
Swiss real estate is feeling the direct effects of the turn to digitization, as the most important players in the industry have accelerated the pace of increasing efficiency every year. Switzerland, with its 1.4 million owners* (including more than 445,000** condominiums), ultimately represents an important market for Immowise.

Immowise's digital solution is easy to implement and adapts to any type of condominium. By connecting to the most important ERPs used in the industry, the platform is fully integrated into the digitization strategy initiated by the agencies. The lean cost management is also suitable for small structures and self-governing condominium associations.

An office in Zurich serving condominium owners' associations in German-speaking Switzerland
With the office opening in Zurich, Immowise wants to offer administrations, self-managed condominium associations or independent local administrators a solution to simplify and reduce the workload with a platform that has already proven itself in western Switzerland. By 2022, around 20 general meetings for over 500 condominium owners had already been held. Immowise wants to cover all Swiss regions by 2023. In addition, the platform will be expanded with additional modules such as the internal news service for condominium owners, the comparison of cost estimates and budget management.

Immowise's development in German-speaking Switzerland is rounded off with the appointment of Teresa Astorina as Director, based in the Zurich region. As a recognized expert in the real estate sector, in which she has been active for over 25 years, she takes over the proptech leadership with the declared goal of converting the management of condominium associations throughout Switzerland using digital technology.

Sebastian Chiappero, Managing Director of Wise.swiss, Immowise's parent company, adds: "20 months after the founding of Immowise, the appointment of a director marks a further step towards ensuring the nationwide rollout of Immowise. I am very pleased that Teresa will be part of this Position has joined us. Her many years of experience in the real estate industry and her skills in the area of strategy development are all plus points for Immowise". Among other things, she was also active in the management or in leading positions in companies such as Credit Suisse, m3 Real Estate, Privera or EPM.

Teresa Astorina emphasizes: "The future of the real estate industry lies in digitization. I am very proud to be able to accompany the development of a "Swiss made" solution that offers a real service in the management of condominiums in Switzerland."

Portrait of Teresa Astorina here for download

About Immowise
Immowise was founded in 2021 and is the first Swiss solution for the digitization of condominium meetings. Developed and hosted in Switzerland, this application helps administrators and condominium owners prepare, manage and follow up on meetings. It complements the wise.swiss software from EPwise AG, which was launched in 2020 and offers public administrations and companies a range of digital communication and event organization tools (eventwise, partnerwise and fundwise). https://wise.swiss/de/immowise/
Immowise headquarters: Neuchâtel
Offices: Geneva, Zurich

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