Italian proptech company Wikicasa.it has acquired a majority stake in real estate services provider Dokicasa.it. The acquisition, made for an undisclosed sum, marks a significant strategic move for Wikicasa in expanding its services within the real estate sector.
Wikicasa, known for its online platform facilitating property purchase, sale, and rental, has invested in a 51% stake in Dokicasa. The latter specializes in offering a wide range of technical solutions for the real estate industry.
Dokicasa’s platform boasts over 70 technical services catering to various needs of real estate professionals. These services include generating and compiling purchase and sale agreements, rental contracts, anti-money laundering services, and privacy management. Leveraging Artificial Intelligence and Machine Learning, Dokicasa ensures high levels of customization for users across the supply chain.
Pietro Pellizzari, CEO of Wikicasa, highlighted the significance of technology in streamlining real estate processes, emphasizing the need for automation to enhance efficiency and transparency. The acquisition of Dokicasa aims to complement Wikicasa’s existing suite of services, benefitting over 15,000 professionals already utilizing its tools.
Nicolò Martucci, CEO of Dokicasa, echoed Pellizzari’s sentiments, emphasizing the shared vision of providing top-tier tools to real estate professionals. He expressed excitement about the prospect of reinventing the real estate market through enhanced transparency and accessibility, fueled by technology.
In addition to its latest acquisition, Wikicasa operates three portals—Casaclick.it, Commerciali.it, and Wikicasa.it—solidifying its position as a key player in the Italian real estate market. Despite its smaller size compared to competitors like Immobiliare and Idealista, Wikicasa remains a frontrunner in innovation, regularly introducing data- and technology-focused updates to its services.
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By Proptechbuzz
By Ravi Kumar