Type
Business expansion
Country
France
Region
Location of affected unit(s)
Sector
Real Estate
Real Estate Activities
Real Estate Activities
68.31 - Real estate agencies

100 jobs
Number of planned job creations
Job creation
Announcement Date
21 September 2021
Employment effect (start)
1 October 2021
Foreseen end date
1 November 2023

Description

Masteos, a company specialised in rental investments for individuals, has just finalised a new €15 million round of financing to ensure its development. Already present in Paris, Marseille, Lyon, Toulouse, Bordeaux and Strasbourg, it plans to open offices in 26 French cities and to recruit 250 people over the next two years.

Masteos is developing an integrated 'all in one' digital platform for individuals looking to invest in real estate. From obtaining a bank loan to managing the property, including any work and furnishings, the start-up assists these individuals in their efforts. It will continue to develop its solution and expand in France, but also in the rest of Europe from 2022. It is targeting Germany and Belgium as a first step. 


Sources

Citation

Eurofound (2021), Masteos, Business expansion in France, factsheet number 105348, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/105348.