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Current Portfolio

Idealista

The leading real estate classifieds player in Southern Europe.

Idealista supports real estate agents and private individuals across Southern Europe by providing an online real estate classifieds platform, where they can advertise their property portfolios in exchange for a recurring subscription fee.

Key Facts
Sector

Technology

Country

Spain

Fund

EQT IX

Entry

2020

Responsible Advisor

Michiel Thiessen

Website

Idealista

A modern, single-story house with large glass doors opening to a patio.

About Idealista

Idealista holds leadership positions in Spain, Portugal, and Italy.

Idealista’s platform is aimed at both private and professional advertisers and matches supply and demand but does not intermediate in the negotiations nor transactions established among the parties.

Additionally, idealista carries out other adjacent activities related to the real estate value chain such as operating an online platform for holiday rental advertisements, online advertisement, mortgage brokerage, CRM software for real estate agents, insurance brokerage, and data analytics services for the real estate market.

Market Trends and Drivers

Idealista’s business benefits from favorable underlying market trends and drivers (esp. digitalization of advertising / content as real estate agents move from offline to online marketing) and strong network effects. Online Classifieds have shown resilience throughout recent crises which has reinforced the online channel as an overall means for real estate agents to reach their customer base.

Investment Potential

Idealista is the market leading real estate classifieds company in Southern Europe. EQT is focused on further strengthening idealista’s position in Iberia and improve its position in Italy by successfully integrating casa.it into idealista Italy. Idealista’s unique market position coupled with huge brand awareness and continuous increase in “top of mind” will allow idealista to continuously drive content and traffic leadership. EQT will also support the management team in further diversifying its revenue stream and grow in real estate online classifieds adjacencies.

Board of directors

Chairperson

Jesús Encinar

Board member

Adam Prindis

Board member

César Oteiza

Board member

Christiaan Snyders

Board member

Elona Ajdari

Board member

Gael Detrie

Board member

Gautier Laurent

Board member

Jesus Garcia

Board member

Marc Stilke

Management

CEO

Jesús Encinar

COO

César Oteiza

CMO

Fernando Encinar

CFO

Marta Suarez

Do You Want to Know More?

We are eager to explore how we can achieve great things together.