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REAG and Drooms Enter into Strategic Partnership

26. June 2015

Improved professional support for the real estate sector in the digital age

The Real Estate Advisory Group (REAG), part of the Duff & Phelps Group, and Drooms GmbH have extended the scope of their strategic cooperation. The close partnership between virtual data room provider Drooms and REAG, which specialises in short-term transaction and life cycle (permanent) data rooms, among other things, started in early 2012. Together, the two companies have already successfully completed a number of projects.

“The decision to extend our collaboration is down to the success of the effective partnership to date,” says Sascha Donner, Head of Investment Consulting at REAG. “Once we have compiled and structured all the necessary documentation for a transaction or portfolio for our clients and assured its quality, we of course want to find the best possible way of making the information available online. The Drooms virtual data room makes access to documents fast and easy – and as a result effective. Portfolio management is simplified and transactions run smoothly and without delay. In partnership, REAG and Drooms are in a position to offer investors and portfolio managers an excellent combination of software and service.”

Jan Hoffmeister, Managing Director of Drooms: “We very much look forward to working in even closer collaboration with REAG in the future. Our mission is to optimise real estate management and to make transactions more professional and above all more secure. Working with REAG, a leading consulting firm for the production and quality management of virtual data rooms for real estate transactions, means that we have a strong partner by our side.

Since being founded in 1992, REAG (www.reag-aa.com) has offered specialised advisory services for the real estate sector and established its position as the leader in the field of real estate valuation and consulting. The REAG team has implemented several hundred successful data room projects in recent years, thereby acquiring unparalleled expertise in the processes of preparing and compiling transaction documents as well as real estate management. REAG supports real estate transactions as both transaction manager and Q&A manager.