Zoopla Property Group acquires Dutch firm Calcasa
Zoopla has bought Calcasa, a Dutch provider of residential property market analysis. Calcasa’s automated valuation model (AVM) is integrated into the Netherland’s top 10 lenders and has a 10+ year track record in the country’s mortgage and real estate markets. The company will continue to operate as a standalone brand with its current academic team of 15. Calcasa’s combination with Zoopla Property Group creates the largest residential property database in Europe and builds upon Hometrack’s leading position in the UK and Australia as an international property data platform. ZPG operates some of the UK’s most trusted property and household-related digital brands, such as Hometrack, uSwitch and Money.co.uk, which it acquired last month.