Flatfox buys furniture

Bern/Zürich, April 2021

Mobiliar has acquired the real estate portal Flatfox. The takeover is intended to strengthen the insurance cooperative's market position in the real estate business. A platform for residential property developed jointly with Raiffeisen is also to be launched here in the summer.

Mobiliar acquired Flatfox on April 7th, informs the insurance cooperative in a message . The Zurich-based company has developed a platform with a free marketplace for real estate. Flatfox also offers corporate customers digital tools for the rental process.

With the takeover of Flatfox, Mobiliar wants to strengthen its real estate business. Founders and employees should remain active for Flatfox under the umbrella of Mobiliar, explains Mobiliar. In addition, the new acquisition will continue to operate under the brand name Flatfox. The two partners have agreed not to disclose the purchase price.

The insurance cooperative is already active in the real estate sector together with Ringier with the marketplace Scout24 Schweiz AG as well as with the craftsmen platform buildigo and the tenant platform aroov. The aroov tenant platform developed jointly with Garaio REM is to remain independent, but will cooperate with Flatfox in the future. "The interaction between aroov and Flatfox offers private customers attractive services and complete solutions for real estate professionals, thanks to which they are present with the right offer at the right time with the tenants," explains Mobiliar COO Andrea Kleiner in the press release.

In addition to this offer on the tenant market, Mobiliar is planning to launch an offer for owners of residential property this summer, the press release further explains. The corresponding Liiva platform was developed by Mobiliar together with Raiffeisen.

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