Sakan, a leading property technology company based in Kuwait, has announced its acquisition of hapondo, Qatar’s top real estate marketing platform. This deal marks a significant collaboration within the Gulf Cooperation Council (GCC) real estate and PropTech industries. The acquisition will expand Sakan’s operations to the Qatari market and combines hapondo’s local market expertise with Sakan’s advanced technology. Key benefits of this acquisition include expanded property listings, data-driven insights, enhanced market reach, and innovation in PropTech. Spearheaded by Sakan’s CEO Abdullah Al Saleh and hapondo’s CEO Ahmad Al-Khanji, this deal aims to revolutionize the real estate industry across the GCC. This partnership is a testament to the potential for regional cooperation to drive technological innovation and economic growth, setting new benchmarks for excellence.
Real Estate, PropTech, Mergers & Acquisitions,Kuwait, Qatar, Gulf Cooperation Council (GCC)
https://www.zawya.com/press-release/companies-news/sakan-acquires-hapondo-qatari-real-estate-platform-in-groundbreaking-gcc-deal-eiqb7k86