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Online property portal SMG Swiss Market Place announces intention to float
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Online property portal SMG Swiss Market Place announces intention to float
Sep 1, 2025 9:54 PM

ZURICH, Sept 2 (Reuters) - Online real estate and car

sales platform SMG Swiss Marketplace Group on Tuesday announced

its intention to float, a sign of a revival in the previously

subdued European IPO market.

"SMG Swiss Marketplace Group has today published an

Intention to Float," said TX Group, which owns a 30.7% stake in

SMG.

The timing of the planned IPO depends particularly on market

conditions, TX Group said, adding further information would be

communicated in due course.

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