GA_P advises Homerun Technologies OY on the acquisition of Spanish company Urban Share

Gómez-Acebo & Pombo has advised Homerun Technologies OY (KODIT.IO) on the acquisition of 100% of the Spanish company URBAN SHARE, S.L. ("HOLA LUCAS"), a leading rental housing platform. Homerun (KODIT) is a Finnish multinational company specialised in activating fast real estate sales (iBuyer).

Finland's Kodit.io, powered by artificial intelligence, helps sellers receive instant cash offers for their property. Its main goal is to help more people buy home ownership and improve the experience digitally.

On the other hand, Spain's Urban Share specialises in rent to buy through a technological model, so that a young buyer can access a home by contributing only 5% of its value, when the current mortgage market requires the payment of more than 20% of the total value.

The GA_P team was formed by Pablo Fernández Cortijo and Rocío García de Oteyza, partner and associate in the Corporate area, and Ignacio del Fraile, partner of the Labour area.