PropertyScout Acquires Real Estate Company Fresh Property

PropertyScout, the leading Thai-based Digital Real Estate Platform, acquired Fresh Property, a specialist Real Estate Services Company.

Pierre Leung, Managing Director of Fresh Property surrounded by Lita, Mario and Marco the Founders of Property Scout!

 

Pierre Leung, Managing Director of Fresh Property said

“The management of Fresh Property is very excited to be joining PropertyScout, a major Thai PropTech Platform”

The current challenging environment has radically shifted the consumption habits of customers. As a result, landlords and property seekers have started to adopt digitally-enabled lifestyles at an accelerated pace.

This is an incredibly well-timed (and lucky) opportunity to join a tech company at the forefront of the Thai real estate industry”.

The strategic acquisition of Fresh Property by PropertyScout will allow the PropTech company to expand its real estate team and develop new service offerings.

 

 

Fresh Property’s current landlords and clients can rest assured that existing agreements and relationships will be maintained.

The real estate agency’s entire rentals, sales and property management operations will officially transfer as from February 2022.

More about PropertyScout

PropertyScout is a digitally driven real estate platform. Its vision is to turn real estate transactions in Southeast Asia into a trusted experience for buyers, sellers and tenants.

The PropTech Platform, currently has 300+ co-broker partners and in-house consultants. Propelled by changing customer habits and its proprietary technology, it has generated 15x revenue growth in the past 18 months.

PropertyScout recently raised a total of US$2.5 million in a Pre-Series A round of funding.

Investors include major VC firms notably:

Hustle Fund
Iterative
AngelCentral Pte Ltd.
Swiss Founders Fund
Asymmetry Ventures

Visit PropertyScout’s Website.

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