Scout24 : Share price declines; political discussion regarding extension of the Bestellerprinzip to real estate purchases
>Shares down c.6%, possibly due to potential legal change in Germany - The shares have declined by c.6% today. The German media are reporting that Federal Justice Minister Katarina Barley (SPD) intends to extend the so-called Bestellerprinzip to real estate purchases. In the past landlords were able to enlist the services of real estate agents and have the tenant pay for those services. This was disallowed on June 2015 on the basis of the so-called Bestellerprinzip, w...Scout24 AG, formerly Asa NewCo GmbH, is a Germany-based holding company engaged in the Internet services industry. Through its subsidiaries, the Company provides digital classified advertisement platforms in Germany and other European countries, notably Scout24.com, ImmobilienScout24.de and Autoscout24.com. The Company owns the automotive classifieds Websites AutoScout24.nl and European AutoTrader BV, and the real estate online portals my-next-home.de and immodirekt.at, as well as an online comparison portal for consumer loans FINANZCHECK.de.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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