K1 Investment Management has announced a strategic investment to combine SINGU and Micad, two large European real estate management software providers.
The newly combined platform will serve over 100,000 buildings, encompassing more than 250 million sqm across 35 countries. Financial terms of the transaction were not disclosed.
“This is the moment to unify the leading solutions in the space, as property managers across Europe are rethinking how they operate,” said Tarun Jain, Principal at K1.
SINGU brings expertise in cloud-based facility management, maintenance automation, and ESG reporting, while Micad specializes in asset, space, and compliance solutions.
"In bringing our capabilities together, we offer commercial real estate managers an end-to-end solution that comprehensively addresses the pain points of managing facilities and facility operations," added Paweł Malon, CEO of the combined entity.
The integrated platform will offer preventive, reactive, and predictive maintenance capabilities, compliance management tools, mobile-first operations, and automated sustainability reporting. Both companies are also leveraging AI for automated property management.
