Trigema joins the CenovaMapa.org website, becoming a unique Czech provider of data on real estate which increases the transparency of real estate data.

The company has been renamed Dataligence s.r.o., and the Dataligence brand will gradually replace the CenovaMapa.org brand.

Trigema, which already owns the Flat Zone data startup, has acquired an acquisition share in another key company involved in real estate data. Through synergy with its own database, Flat Zone data and the CenovaMapa.org website data, a comprehensive platform on real estate data, the largest of its type, is produced, representing a coherent foundation for the digitalisation of the real estate and mortgage market, containing data from the past 25 years.

“Our vision is transparency of data on the Czech real estate market especially, something that is still not high, and to make it easier for users to work with this data. We also want to accommodate the increasing demand for data analysis and services from companies and individuals,” says Marcel Soural, Chairman of the Board at Trigema investment group, adding that Dataligence’s main goal is to balance the market, develop tools for digitalisation of the real estate market and digitalisation of mortgages, and in collaboration with Deloitte to provide relevant data on real estate and interpret this correctly.

“We’ve been following the CenovaMapa.org website for many years, and we like the complexity of its data. And because we also focus on data intensively and for some time through Flat Zone, it made sense to come together. Developers and banks need good, reliable data, and digitalisation will not pass by the banking sector nor the real estate market. Dataligence could create an entirely new digital tool not seen here before based on full complex data,” explains Soural, adding that the acquisition will not result in a merger between Flat Zone and Dataligence, s.r.o. “Both these companies will operate separately and will be focused on a slightly different segment. But they will use each other’s data, alongside Trigema data,” says Soural.

“Bringing together the people who have worked on real estate data for the past 15 years, from Cenová mapa, Trigema, Flat Zone and Deloitte, allows us to create a unique platform of knowledge, experience and data which is unprecedented in the Czech Republic,” adds Milan Roček, owner of Hyposervis, a company which founded CenovaMapa.org and runs it alongside consultancy Deloitte. Hyposervis will now hold a 49 % stake.

Deloitte was the sole consultant at the birth of CenovaMapa.org’s current success, in particular in the field of creating digital tools for online apartment valuations. Deloitte was also significantly involved in the current transaction.

“From its outset, our work for CenovaMapa.org has been one of our real estate team’s most complex challenges. We are glad to be able to assist as a major investor joins us, leading to the company to begin a new phase in its development,” says Miroslav Linhart, lead partner at Deloitte financial consultancy.

Společnost pro Cenové Mapy ČR s.r.o. has become the number one provider of data for online property valuation in the past five years, has developed its own valuation models for apartment valuation, and provides data and digital tools to a number of banks and developers.

“We were looking for a partner who really knows the real estate market, especially new apartment projects, one which is technologically focused on work with data and one which has a lot of capital to be able to implement ambitious digital projects. Trigema meets all these preconditions. Trigema’s capital involvement allows us to develop tools for digitalising Czech banking to a much greater extent, while also focusing on developing tools for ordinary clients. This is another step on the path towards our long-term objective: to create a provide the expert market with the data standard on residential properties and be heavily involved in the digitalisation of the real estate and mortgage market,” says Milan Roček of the transaction.

Both companies have until now focused on similar market segments, but each in a different way. Trigema has recently mainly focused on new apartments, and through its startup Flat Zone has created a powerful aggregator of new development project offers and the analytical Studio for looking at the immediate development of newbuild projects, and has begun doing more in the provision of services to other developers.

CenovaMapa.org in contrast has created the largest residential real estate database using cadastral data, and has monitored all actual sales prices for all apartments and houses, plus the bid prices for newbuild development projects in cities. It has used this data to create a solution for online valuations for banks.

Thanks to this acquisition, Trigema has brought all data opportunities together under a single investment group, allowing for the creation of a powerful data cube incorporating long-term and immediate developments on the newbuild and older apartments and houses market. This has created a complex foundation for the digitalisation of the real estate and mortgage market containing data from the past 25 years.

CenovaMapa.org

CenováMapa.org is a data platform which has been collecting data for many years, producing the most extensive database on all residential properties in the Czech Republic, new apartment projects and final prices for apartments, apartment blocks and houses and their development over time in the Czech Republic. It uses this data to provide a comprehensive perspective on the Czech housing market, its layout, development, prices and trends. It represents an extensive database containing summary information on locations, development projects, apartments, sales, prices, standards and development trends. It then uses this data to create an internet application, valuation models and digital tools used, e.g. for the online valuation of properties.

Trigema

Trigema investment group is a Czech company whose main activity is residential development, and which also focuses on other activities such as its real estate fund, venture capital and leisure time. Trigema stands on its independence and taking responsibility for its own decisions. The activities and projects it expends its efforts on represent more than just figures on a balance sheet to us – we personally care about all our projects. Our work is characterised by expertise in everything we do, creativity and perseverance. We have the courage to change the status quo and move forward with things that matter.

Flat Zone

A real estate aggregator which contains the entire newbuild portfolio on the Czech and Slovak market, and which can search through the largest number of new apartments and houses in development projects. Besides the search function, Flat Zone also operates its own Studio analytical app, which allows analysts and managers to understand the real estate market, assess investment opportunities and maximise profits.

Deloitte Real Estate

Deloitte is an international consultancy company. It set up a specialist team back in 2011 which provides complete services in the residential and commercial real estate field. Deloitte Real Estate combines experience in the real estate, urban economics, and the tax and legal consultancy fields.

Over time, this team has implemented a number of consultancy projects, analyses, valuations and major transactions. It is also involved in the creation of tools based on data and IT technologies.