immo!nvest – Die Plattform für Standorte und Immobilien

Tag: TX Group

  • Asking rents are developing differently

    Asking rents are developing differently

    The rental index, which is collected monthly by the digital real estate marketplace Homegate in cooperation with the Zürcher Kantonalbank , closed in May at 117.6 points, Homegate informs in a press release . Compared to the previous month, advertised rents increased by an average of 0.2 percent across Switzerland. The analysts of the index have observed different developments within the individual cantons.

    Rents have remained relatively stable in most cantons. In the canton of Geneva, asking rents in May were 1 percent lower than in April. In the cantons of Zug, Graubünden, Appenzell Innerrhoden and Appenzell Ausserrhoden, on the other hand, the analysts identified significant increases of between 1.1 and 4.1 percent. However, they mainly attribute the jump of 4.1 percent in the canton of Zug to a decline in the previous month.

    In the eight cities examined in the index, the analysts identified an increase in asking rents of 0.7 percent in St.Gallen and a decrease of the same amount in Geneva and Lausanne. The two cities in western Switzerland are also the only ones where analysts have observed a drop in asking rents year-on-year.

    When recording rental price changes for the rental index, the rental prices are corrected for different quality, location and size of the apartments, explains Homegate. This makes it possible to record the actual rental price development.

    Homegate is a division of SMG Swiss Marketplace Group AG . This combines the digital marketplaces of TX Group , Ringier and Mobiliar .

  • Home prices continue to rise

    Home prices continue to rise

    The prices for residential property continued to rise in April, according to the Freiburg real estate marketplace ImmoScout24 , which belongs to the Zurich SMG Swiss Marketplace Group . According to the latest Swiss Real Estate Offer Index compiled by the group in cooperation with the real estate consultancy IAZI , prices for single-family homes rose by 0.6 percent in April compared to March. An increase of 8.3 percent was measured over the last twelve months.

    Condominium prices rose even more sharply in April, up 1.4 percent month-on-month. Compared to April 2021, the analysts of the index have observed a price increase of 8.1 percent. In April, however, rents throughout Switzerland remained almost unchanged in both a monthly and year-on-year comparison. A slight decline in asking rents in the greater Zurich region offset increases in eastern Switzerland, north-western Switzerland and Ticino.

    For the future, the analysts are assuming a weakening of the price dynamics for residential property. “De facto, mortgage interest rates have been rising for several months, making real estate financing more expensive,” explains Martin Waeber, Managing Director Real Estate, SMG Swiss Marketplace Group, in the press release. “The more these costs rise, the more likely it is that prices will calm down.” The SMG Swiss Marketplace Group combines the digital marketplaces of TX Group , Ringier and Mobiliar .

  • Residential property prices continue to rise

    Residential property prices continue to rise

    The prices for residential property continued to rise in March, according to the Freiburg real estate marketplace ImmoScout24 , which belongs to the Zurich SMG Swiss Marketplace Group . According to the latest Swiss Real Estate Offer Index, compiled by the group in cooperation with the real estate consultancy IAZI , prices for single-family homes rose by 0.5 percent in March compared to February. An increase of 6.6 percent was measured over the last twelve months.

    Condominium prices rose 0.4 percent month-on-month in March. Compared to March 2021, the analysts of the index have observed a price increase of 8.0 percent.

    In March, on the other hand, rents throughout Switzerland remained constant both on a monthly and yearly basis. Slight declines in advertised rents in the regions of Central Switzerland, Greater Zurich and Northwestern Switzerland offset increases in the Mittelland and Ticino.

    “Although the war has not yet had any direct effects on the real estate market, it is likely to have an indirect impact on housing costs through energy prices,” said Martin Waeber, Managing Director Real Estate, SMG Swiss Marketplace Group, in the statement. “Should oil and gas remain at a high price level, this could lead to a significant increase in ancillary costs.” The digital marketplaces of the TX Group , Ringier and Mobiliar are combined in the SMG Swiss Marketplace Group.

  • TX Group sells shares in MoneyPark

    TX Group sells shares in MoneyPark

    The venture arm of the TX Group , which focuses on fintech, has sold its minority stake in MoneyPark to the St.Gallen Helvetia Group . The insurance company had already acquired its first shares in 2016.

    “MoneyPark has developed excellently under the leadership of CEO and founder Stefan Heitmann,” Jens Schleuniger, Investment Director at TX Ventures, is quoted as saying in a press release . With well over CHF 3 billion in mortgage volume brokered annually, MoneyPark has “advanced to become the clear market leader in this area”. In recent years, MoneyPark has successfully expanded its offering to include real estate transactions and pension benefits.

    Daniel Mönch, Chief Strategy Officer of the TX Group, also thinks the timing of the sale is good: “The company has grown from a start-up to a leading fintech and is taking a further development step with the change in management announced today”.

    As MoneyPark announced in its own media release , Martin Tschopp will replace the current CEO Stefan Heitmann on May 1st. The outgoing CEO and founder describes it as “emotionally not easy” to give up the management after ten years. But with Tschopp, a “technically adept and outstanding human successor” takes over his position. “I am very pleased to be able to lead MoneyPark into the next development phase with the existing management team,” says Tschopp. Now it is important to further expand the number 1 position.

  • Homes are getting more expensive

    Homes are getting more expensive

    The real estate platform homegate.ch , which belongs to the TX Group , has published the “Home Market Price Analysis” report, which was drawn up jointly with the Swiss Real Estate Institute . It examines the price development of real estate in the four regions of Berne, Lake Geneva, Northwestern Switzerland and Zurich. According to the results , home sales prices have increased in 2021.

    In the Geneva region, the price increase for owner-occupied homes was the highest at 8.9 percent. However, prices have been falling in 2020. The increase is therefore described as a “catch-up effect”. At 8 percent, Zurich recorded the second largest price increase.

    When it comes to prices for condominiums, the Zurich region continues to be the most expensive. In contrast, the most expensive single-family homes are in the Lake Geneva region. However, the Northwestern Switzerland and Bern regions are also catching up. For example, average single-family house prices grew the most in Northwest Switzerland at 11 percent, followed by the Bern region (9.1 percent).

    On average, prices for single-family homes and condominiums rose by 9 percent and 8.3 percent respectively in 2021. According to the report, this is the highest price dynamic for residential property in the regions examined for ten years.

    Second home prices have risen particularly sharply by 35 percent in 2021 after falling by more than 20 percent last year. “Price increases for first homes are astounding, but for second homes, due to the strict supply restrictions imposed by the second homes initiative, a market has been created that is ideal for real estate speculation,” explains Peter Ilg, head of the Swiss Real Estate Institute.

  • Asking rents remain largely stable

    Asking rents remain largely stable

    The monthly rental index collected by the digital real estate marketplace homegate.ch from the TX Group in cooperation with the Zürcher Kantonalbank increased by 0.3 points to 116.7 points in January compared to December 2021, homegate.ch explains in a corresponding statement . The analysts explain that the asking rents in most cantons have not increased at all or only slightly. On average, however, there is an increase of 0.26 percent.

    The analysts registered above-average increases of 1.45 and 3.85 percent in the cantons of Nidwalden and Zug in the reporting period. In contrast, asking rents in the cantons of Graubünden, Valais, Schaffhausen and Geneva were between 2.01 and 0.08 percent lower than in December 2021.

    In contrast, the analysts observed rising rents almost everywhere in the cities surveyed. The only exceptions were St.Gallen and Lucerne. Here, the asking rents were 0.77 and 0.40 percent lower than in December 2021. The city of Bern showed the highest increase in a monthly comparison with 0.96 percent.

    When recording the rental price changes for the rental index, the rental prices are corrected for different quality, location and size of the apartments, the communication explains. This makes it possible to record the actual rental price development.

  • Asking rents continue to rise

    Asking rents continue to rise

    The monthly rent index compiled by the digital real estate marketplace homegate.ch from TX Group in cooperation with Zürcher Kantonalbank rose by 0.17 points to 116.1 points across Switzerland in November compared to October, explains homegate.ch in a corresponding message . The analysts write that the index has already exceeded its high in October. Over the past twelve months they have observed an increase in asking rents of 0.96 percent.

    In the month under review, rents rose in most of the cantons, the press release explains. The analysts observed the strongest growth of 2.33 percent in the canton of Graubünden. In Zug and Schwyz, too, asking rents rose at an above-average rate of 2.04 and 0.59 percent. In the cantons of Nidwalden and Neuchâtel, on the other hand, asking rents in November were 0.49 and 0.81 percent lower than in October.

    In terms of cities, the analysts point to striking declines in asking rents in Zurich (-0.82 percent) and Geneva (-0.79 percent). The asking rents in Lausanne and Lucerne rose the most in comparison to October, at 0.30 percent each.

    When recording the rental price changes for the rental index, the rental prices are corrected for different quality, location and size of the apartments, is explained in the communication. This makes it possible to record the actual rental price development.

  • Swiss Marketplace Group combines platforms from TX Group, Ringier and Mobiliar

    Swiss Marketplace Group combines platforms from TX Group, Ringier and Mobiliar

    TX Group , Ringier and Mobiliar as well as the financial investor General Atlantic have founded a joint venture, inform the four partners in a joint announcement . The Swiss Marketplace Group, launched on November 11, is to manage the digital marketplaces of Ringier and Mobiliar as well as TX Group in an independent market presence . The joint venture will be managed by Martin Waeber, Pierre-Alain Regali, Francesco Vass and Boris Gussen under the leadership of Gilles Despas.

    The marketplaces acheter-louer.ch, anibis.ch, AutoScout24, Car For You, FinanceScout24, home.ch, Homegate, icasa.ch, ImmoScout24, ImmoStreet.ch, MotoScout24, Ricardo, tutti.ch and advertising marketing are combined in SMG . TX Group will hold 31 percent, Ringier and Mobiliar 29.5 percent each and General Atlantic 10 percent in the new joint venture, according to the announcement. However, the voting rights in SMG are divided between the partner companies at 25 percent each.

    “Today we are embarking on an exciting journey with a new, forward-thinking and future-oriented company,” Despas is quoted in the press release. According to the CEO of SMG, the new company should strive for sustainability, live “real diversity in an inspiring, multilingual and agile environment” and drive “the digitization of our industries”.

  • Adjusted asking rents rise slightly

    Adjusted asking rents rise slightly

    The monthly rent index compiled by the digital real estate marketplace homegate.ch from TX Group in cooperation with Zürcher Kantonalbank rose by 0.2 percent to 115.7 points across Switzerland in September compared to August, explains homegate.ch in a corresponding message . An increase of 0.8 percent has been observed over the past twelve months. In the individual cantons and cities, the index analysts observed different developments on a monthly basis.

    In some cantons, the changes compared to the previous month were stronger than usual, according to the announcement. The analysts observed the strongest increase in asking rents at 3.69 percent in Graubünden. But asking rents in Nidwalden and Uri also rose by a high 1.69 and 1.38 percent, respectively. In the cantons of Zug and Neuchâtel, on the other hand, asking rents were 1.25 and 1.21 percent lower than in August. With the exception of Lugano (+1.72 percent), the analysts recorded rather minor changes in the cities compared to the previous month.

    “The moving month of September was not only an active time for those moving, the asking rents also reflected this”, Fabian Korn from homegate.ch is quoted in the message. “It will be exciting to see how this will develop with the falling temperatures.”

    When recording the rental price changes for the rental index, the rental prices are corrected for different quality, location and size of the apartments, is explained in the communication. This makes it possible to record the actual rental price development.

  • What does newhome say about the merger?

    What does newhome say about the merger?

    What does newhome say about the merger? Before the announced merger of the marketplaces of TX Group and Ringier , with the kind assistance of Mobiliar and General Atlantic, I conducted an interview with the Chairman of the Board of Directors of newhome.ch. After the bomb burst, I asked Jan Werkman more questions. homegate.ch is playing with fire with the announcement of Quality Partner. The annoyance is great, but the alternatives are small.

    How is the acquisition of new shareholders going?

    As is well known, NNH Holding AG and Next Property AG (NPAG) are the owners. NPAG unites the interests of over 500 players in the real estate industry and decides for itself how to expand its shareholder base. Accordingly, the acquisition (acquisition of shareholders) is the task of Next Property AG with managing director Mario Facchinetti. At newhome.ch, the NPAG shareholders are treated as business customers who enjoy certain preferential conditions.

    Why didn’t newhome.ch participate directly in eMonitor?

    A direct investment does not make sense as there is no intention to merge. newhome sees itself as the hub of an evolving ecosystem and not as an orchestrator or investor. The cantonal banks involved in emonitor AG intend to ensure close cooperation between newhome and emonitor and thereby gradually expand the real estate and housing ecosystem. With a view to this expansion, the three cantonal banks (SGKB, GKB, LUKB) want to attract even more cantonal banks to participate and thus support this commitment more broadly.

    The long-time CEO leaves the portal, giving the impression that he did not leave voluntarily (there is no message on the homepage with the thanks of the Board of Directors)

    Jean-Pierre Valenghi is leaving newhome at the end of 2021. The Board of Directors has granted his wish to be able to devote himself to his family on a sabbatical of several months from August. Official information or further information on his successor will be provided by newhome in due course. newhome will continue to be managed by the second Co-CEO.

    How does the new board of directors intend to position the portal?

    The strategic positioning is in development and not yet completed. newhome will provide information here in due course.

    What should the ecosystem around newhome.ch look like?

    newhome sees itself as the hub of an ecosystem in the real estate and housing sector. Future strategic alliances and collaborations will be evaluated depending on the situation in consultation with the newhome shareholders.

    What does newhome.ch say about the merger? So much for the interview from mid-August. In the meantime the situation has changed fundamentally. I wanted to know from Jan Werkmann whether he would like to make a statement on the merger of the Ringier and TX Group marketplaces. I was also interested in whether the announcement affected the strategy of newhome.ch and whether the speed at which measures were implemented changed? Jan replied: We are not making a statement about the joint venture. Our strategic alignment is being revised in order to do justice to the current market situation even better.

    In old documents I found the vision defined earlier, that with newhome.ch, Switzerland’s dominant real estate marketplace should be created within 18 to 24 months. The data sovereignty should lie with the owners, service providers. The aim is to cooperate with the French-speaking Swiss marketplace immobilier.ch.

    What has been achieved? newhome.ch is far from being the dominant marketplace. The cooperation with immobilier.ch did not materialize. According to market statements, the cantonal banks in Western Switzerland are said to have said goodbye to the shareholders of newhome.ch. This information cannot be verified because the logos of the shareholders are no longer shown on newhome.ch. The previous co-CEO has not (yet) been confirmed as sole managing director. What does newhome say about the merger?

    “Find instead of search”

    The Handelszeitung mentions that newhome.ch has adopted a new strategy. At least this statement contradicts the information given by the Chairman of the Board of Directors in my interview. Above all, according to the Handelszeitung, newhome.ch wants to score with the sentence: Find instead of search. This suggests that newhome.ch has the largest selection of properties. This is definitely not the case. The author of the article in the Handelszeitung sees the greatest advantage of the cooperation between real estate agents and cantonal banks in the fact that the banks “know” whether the money is available for a purchase (and less for a rent). In this way, the potential buyers could be “qualified”. Here, too, it is assumed that only the cantonal banks grant mortgages. But this is not the case. The competition between banks and insurance companies is raging and intermediaries such as Moneypark are playing an increasingly important role. We owners all want the same thing: the lowest possible mortgage interest.

    homegate.ch ensures red heads again

    homegate.ch has created a new award with “homegate.ch Quality Partner”. According to homegate.ch , the portal wants to evaluate the quality of a property (and thus of a provider) according to uniform criteria. The result should be conveyed transparently to homegate.ch customers. homegate.ch attaches great importance to the fact that the seal cannot be bought. Rather, criteria known in advance must be met.

    The announcement causes great excitement on LinkedIn. Coupled with the call to rally together behind newhome.ch. Well, in the general outrage about the merger of the marketplaces, homegate.ch is certainly not acting wisely. Above all, they seem to have forgotten that the “homeday” project triggered Next Property back then. So why break even more dishes if you don’t have to? Are these the first signs of the coming monopoly?

    What does newhome say about the merger? The statements are currently very vague. Let’s just wait for the long-promised deeds.

  • TX Markets takes over Acheter-Louer.ch

    TX Markets takes over Acheter-Louer.ch

    TX Markets is expanding its portfolio of real estate marketplaces. The company belonging to the TX Group has taken over the real estate portal Acheter-Louer.ch from La Tour-de-Peilz VD, informs TX Markets in a message . Acheter-Louer.ch specializes in digital marketing for real estate agents. To this end, the company provides customers with its customer relationship management system, Publimmo, among other things.

    "We have been following the development at Acheter-Louer.ch in French-speaking Switzerland for a long time," said Olivier Rihs, CEO TX Markets AG, in the press release. According to her, co-founder Philippe Schyrr will continue to operate the real estate portal, which was founded in 2010, “largely independently” under the umbrella of TX Markets. "As a successful real estate portal and family business, the company is an ideal addition to our portfolio and strengthens our growth strategy at TX Markets," says Rihs. The company responsible for all marketplaces of the TX Group already has a portal for the digital search, financing and marketing of real estate in its portfolio, homegate.ch. Acheter-Louer.ch is intended to complement and strengthen TX Markets' portfolio of real estate marketplaces, particularly in French-speaking Switzerland.

  • Asking rents are falling marginally

    Asking rents are falling marginally

    The monthly rent index compiled by the digital real estate marketplace homegate.ch from TX Group in cooperation with Zürcher Kantonalbank closed at 115.4 points in June. Compared to the previous month, the asking rents have fallen by an average of 0.09 percent, explains homegate.ch in a corresponding message . In contrast, an increase in rental prices of around 0.7 percent has been observed over the past twelve months.

    “As usual,” the asking rents have developed differently in the individual cantons and cities, explains homegate.ch. The analysts of the index observed the greatest declines with 1.29 percent in the city of Lausanne and with 0.99 and 0.49 percent in the cantons of Schwyz and Geneva. The strongest price increases, at 0.68 and 0.65 percent, were registered in the city of Bern and in the canton of Zug.

    In most of the other cantons, the analysts observed a rather inconspicuous development in rental prices. The communication provides an interactive overview of developments in the cantons and metropolises.

    In the quality-adjusted recording of rental price changes for the rental index, the rental prices are corrected for the different quality, location and size of the apartments. This makes it possible to record the actual rental price development, it says in the message.

  • Swiss keep moving

    Swiss keep moving

    Almost 20 percent of the population moved within the last 18 months, homegate.ch informed in a message. This rate has been observed over the last year and a half, it says there. The pandemic did not reduce the attractiveness of a move. The digital real estate marketplace from TX Group is based on a relocation study it carried out.

    According to the results of the study, Switzerland is still “a land of tenants”, the communication further explains. Over seven out of ten people moved into a rented apartment. Homgate.ch observed moving in together with the partner, professional reasons and dissatisfaction with the current apartment as the most common reasons for moving. The most important criteria for the selection of the new domicile were mentioned by those questioned for the study of the price, the number of rooms and the location. Accessibility, old buildings or the Minergie standard, on the other hand, were only important to a minority in the single-digit range.

    The pandemic had "no lasting effects on moving behavior," writes homegate.ch. However, two thirds of those surveyed claimed that the pandemic had an impact on their relocation plans. The communication specifically mentions problems with viewings and postponing a planned move. In addition, 12 percent of those moving because of the lockdown moved to their partner.

  • Homegate and MoneyPark cooperate

    Homegate and MoneyPark cooperate

    Homegate , a subsidiary of the media company TX Group , and MoneyPark have entered into a strategic partnership. The two companies are convinced that their new partnership offers property seekers added value. According to a press release , Homegate has now integrated digital tools from the mortgage provider MoneyPark directly into its real estate platform.

    If interested parties have found a suitable property on homegate.ch, they can have an immediate calculation of whether a purchase is financially feasible for them. If so, you will receive a confirmation of financing including a certificate. This is based on the award criteria of MoneyPark's 150 mortgage lenders. The price range shown also provides guidance when it comes to having to strike quickly in a potential bidding process. It also shows you how much this property would cost you per month.

    Homegate doesn't just want to support its users until they find their property, says Simon Herrmann, Business Owner Consumer Services at Homegate. Even after that, “all connection services should be available at one click”. "The fact that MoneyPark advises its customers independently and personally on such an important decision was crucial for us to enter into the partnership." a service environment that is unique in Switzerland, ”says Stefan Heitmann, CEO and founder of MoneyPark.

  • Homes are still in demand

    Homes are still in demand

    The home market continues to grow even during the recession caused by the coronavirus pandemic. In the four most liquid market regions in Switzerland, prices rose by an average of 3.7 percent in 2020 to an average of 1.3 million francs, explains homegate.ch in a statement on the current Home Market Price Analysis. It is created annually by the digital real estate marketplace from TX Group in cooperation with the Swiss Real Estate Institute of the Zurich School of Economics ( HWZ ).

    The study analyzes the development of purchase prices and transactions for single-family houses and condominiums in the regions of Zurich, northwestern Switzerland, Bern and Lake Geneva. The prices for single-family homes rose in all four market regions last year, the press release explains. The most significant price increase was observed in the Lake Geneva region, at 4.1 percent. The lowest price increases of 1.6 percent were in the Zurich region. The number of transactions in the single-family home market increased by 3.1 percent year-on-year.

    For condominiums, the analysts identified price increases of between 3 and 4 percent in three of the four regions examined. In the Lake Geneva region, on the other hand, prices fell by 2 percent year-on-year. On average, the prices for condominiums rose by 0.5 percent to 850,000 francs in the year under review. The number of transactions in the condominium market increased by 2 percent in 2020.

    In times of crisis, the flight into real assets is nothing new, Peter Ilg is quoted in the communication. The “ongoing boom” during the pandemic-induced recession is “astonishing” for him, says the head of the Swiss Real Estate Institute. As a background to the current developments, Ilg cites, on the one hand, the likely long-term low interest rates. On the other hand, "living in the times of Corona has become more important".

  • Asking rents rise at the beginning of the year

    Asking rents rise at the beginning of the year

    The monthly rent index compiled by the digital real estate marketplace homegate.ch from TX Group in cooperation with Zürcher Kantonalbank closed at 115.4 points in January. Compared to the previous month, the prices for advertised rents have risen by an average of 0.17 percent, explains homegate.ch in a corresponding message . An increase in rental prices of 0.87 percent has been observed over the past twelve months.

    In a monthly comparison, homegate.ch shows different developments for the individual cantons. The strongest rise in asking rents in January, at 1.59 percent, was observed in the canton of Nidwalden. In the cantons of Appenzell-Innerhoden, Appenzell-Ausserhoden, Uri and Wallis, asking rents rose above average with values between 1.08 and 1.24 percent. Declines were measured in the cantons of Zurich, Neuchâtel and Jura with values between -0.57 percent and -0.10 percent.

    Homegate.ch also makes different developments in the cities. The largest increase was measured here in a monthly comparison of 2.01 percent in Lausanne. The analysts describe the development in Zurich as “noticeable”. Here rental prices fell by 1.00 percent in January compared to the previous month.

    In the quality-adjusted recording of rental price changes for the rental index, the rental prices are corrected for the different quality, location and size of the apartments. This makes it possible to record the actual rental price development, it says in the message.

  • Asking rents continue to rise

    Asking rents continue to rise

    The coronavirus pandemic has hardly left any traces on the market for rental apartments, writes homegate.ch in a message on the annual review of the homegate.ch rental index. It is created monthly by the real estate portal owned by the TX Group in collaboration with Zürcher Kantonalbank . For 2020, the rent index shows an increase in asking rents for apartments of 0.9 percent year-on-year. This means that apartment rents have even risen faster than in the previous year, explains homegate.ch.

    The analysts observed the sharpest increase in rental prices in the year under review with 2.7 percent in Appenzell. In the cantons of Geneva, Thurgau, Zug, Graubünden and Zurich, rents have also risen faster than the Swiss average, with values between 2.6 and 2.3 percent, the press release explains. Rising net immigration is mentioned as the background for the rental price development.

    The gap in rent prices between urban and rural cantons that had prevailed in previous years was weakened in the reporting year, the analysts further explain in the press release. On the one hand, they attribute this to the concentration of the construction industry in urban regions. On the other hand, the work in the home office, which was funded during the pandemic, "led to evasive effects in the countryside". Urban living remains in trend despite the pandemic.