Drooms and realxdata announce partnership to offer greater efficiency in real estate transactions

April 7, 2020

London, 7 April 2020 – Drooms, Europe’s leading provider of virtual data rooms (VDRs), and realxdata, one of Germany’s leading technology companies specialized in the analysis of real estate data, have announced a partnership aiming to improve the efficiency of clients’ real estate transactions.

The joint proposition of VDRs with property market analysis and transaction management solutions will make the preparation and execution of real estate transactions significantly quicker and simpler. The new service, which has been designed above all with transaction and acquisition managers and brokers in mind, is scheduled for launch in autumn 2020.

The analysis tools offered by realxdata use AI to compile lists of tenants and other transaction-relevant information, process this data and visualise it at the touch of a button. Based on the information available and structured data from over 100 sources that is automatically updated, the customer receives high quality and easily-accessible portfolio analyses plus market and competitor assessments. This gives users a data-driven decision-making tool for the purchase or sale of real estate assets, enabling them to anticipate transaction-relevant market developments more rapidly.

The new Drooms-realxdata Application Programming Interface (API) means that data can be integrated in purchase and sale processes easily and securely. Data and documents are sorted digitally and logically in the transaction VDR. Transactions can then be conducted quickly and securely via the Drooms TRANSACTION product, which transforms individual information silos into efficient networks.

Alexandre Grellier, CEO and Co-Founder of Drooms, commented: “The pressure to remain competitive is increasingly leading businesses of all sizes to adopt cutting-edge technology and improve their business processes. The interconnectivity of software systems is an important factor for success in this. realxdata is an important partner in the real estate and finance sector because it shares our vision and strategy, and is very well equipped in terms of technology.”

Dr Titus Albrecht, CEO and Co-Founder of realxdata: “The collaboration of Drooms and realxdata has created what is so far a unique service for acquisition managers and brokers. Together, we are setting new industry standards in data management, communication, efficiency, user-friendliness and security in transaction management. This is a ground-breaking signal across the entire real estate sector.”

Have questions?

Ask us!​

⭐ Main Contact Form

By clicking "Submit", I agree to be contacted by Drooms GmbH or Drooms AG via e-mail or telephone (if provided) in order to process my request and in accordance with Drooms' privacy policy.

I agree with the processing and use of my data in accordance with the declaration of consent and privacy policy.

One data room. Many possibilities.

Due Diligence
Read More
Conduct proper due diligence for your M&A deal
Lifecycle management
Read More
Control and streamline asset documentation in your organisation
Document Analysis
Read More
Digitalise the document review phase
Digitisation
Read More
Get support with collecting, indexing, and digitising your documents
Fundraising
Read More



Conduct fundraising and share fund documents with potential investors
Previous
Next