1MonĀ·

New in the portfolio

Good business model at a good price.

10.03
Scout 24 logo
Bought x15 at €74.72
€1,120.74
6
7 Comments

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Nice value, but why this instead of $REA? An Australian value of this kind is not always available
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@market_miura don't you see the german real estate sector as a threat? Who will buy real estate if the costs continue like this?
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@Investingyoung Unlike real estate companies, Scout24 has no buildings šŸ˜ļø. This means less capital tied up, a high return on capital, high margins and less risk due to real estate prices.

Real estate continues to be sold, rented or bought, despite crises or bubbles. The biggest danger āš ļø would be if interest rates rise sharply again, but I don't see that happening yet.
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@market_miura I realize that they don't sell real estate...
I'd rather go for Rea group, that way I'll also have a nice Australian share
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@Investingyoung good choice too! Good luck šŸ€ with your investment!
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@market_miura I haven't bought yet, waiting for the bottom
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