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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 🏘️. 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 ⚠️ 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 🍀 with your investment!
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@market_miura I haven't bought yet, waiting for the bottom
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