Staff Report
Makati, the Philippines: Dubai-based IQI Global, real estate and investment firm, has acquired a substantial stake in GetMore Global, a renowned PropTech company headquartered in the Philippines.
The new venture will expand revolutionary solutions across the lifecycle of new property developments, streamlining the management, sales and marketing process along with providing access to global investors. The solutions expand beyond developers and cater to the needs of brokers to improve efficiency as well as generate and manage leads.
The deal was sealed through the official signing between IQI Group Chief Executive Officer Kashif Ansari and GetMore.ph’s Founder and Chief Executive Officer Grace Barbara Granlund.
Commenting on the acquisition, Ansari said, “We believe that brokers, sellers and agents are the most important part of the real estate industry. With this new venture we will be bringing together property developers, brokers and buyers to increase transparency and speed up the process.”
The spirit of entrepreneurship forms the driving force behind this acquisition. IQI’s entrepreneurial ethos happens to be its key success factor in the property sector. While good business acumen is essential to the success of a business, IQI believes that entrepreneurship brings a creative and innovative twist that allows companies to expand beyond regular constraints. Apart from this, GetMore.ph’s CEO also identifies as a burgeoning entrepreneur.
IQI’s acquisition of GetMore Global happens to also be a step in the right direction in its aspirations to grow and become a member of the now $1.29 trillion Proptech industry. “PropTech” which stands for property technology happens to be a roaring disruption in the property market that most real estate companies are inclined to gravitate toward sooner or later. With the emergence of GetMore Ventures Sdn Bhd, IQI hopes to spearhead the PropTech revolution in all its locations.
Nabeel Mungaye, Group Chief Operating Officer opined that, “On adopting these new digital sales technology we will be positioning ourselves to be an innovative leader in this region. Being an award winning agency, we believe it is our duty to build the best environment for developing high tech methods of trade, bringing the real estate industry firmly into the 21st century.”
Barbara said, “Globally, the real estate industry, despite being at the center of every other industry is the slowest to adapt technology with a largely manual selling process. Our goal is to disrupt that by automating the buyer journey from lead generation to property turnover through cloud-based technology. Getmore had envisioned to expand globally this year and this collaboration with IQI Global is exhilarating. We share the same vision of changing the landscape of real estate selling worldwide, and our strategies to do so are in sync.” – abdulbasit@theuaenews.com
