PETALING JAYA:  IQI announced its acquisition of 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, while providing access to the global investors.

The solutions expand beyond developers and cater to the needs of brokers to improve efficiency as well as generate and manage leads.

According to the statement, the deal was sealed through the official signing of IQI’s Group chief executive officer Kashif Ansari and GetMore founder and chief executive officer Grace Barbara Granlund.

“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,” said Kashif.

IQI’s acquisition of GetMore Global also happens to be a step in the right direction in its aspirations to grow and become a member of the now 1.29tril US Dollar 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.

“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,” said Grace Barbara Granlund.