PropertyScout begins year with multiple acquisitions
[Bangkok, Thailand, February 9th, 2022] PropertyScout, a Bangkok-based transactional real estate marketplace, announced its ambitious growth plan led by the acquisition of Fresh Property and assets of Piri Property, two well-known and long-established real estate agencies in Bangkok, with teams of both companies joining to support the fast growth. This comes fresh on the heels of their announced closure of the pre-Series A funding round at the beginning of January with total funding to date of 2.5 million USD.
Both Pierre Leung (previously founder and managing director of Fresh Property) and Felix Wittlinger (previously managing director of Piri Property) join as Sales Directors of PropertyScout, leading teams of property consultants and bringing along their vast market knowledge, industry connections, and sales expertise.
“We are excited to have Pierre and Felix support our rapid growth with new property agencies, property consultants, and co-broker partners joining our platform daily thanks to our strong lead generation and a large database of properties in Bangkok, made possible through our proprietary tech platform. As a result, we have emerged as one of the strongest co-broker partners in Bangkok that maximizes the performance of everyone”, said Mario Peng, CEO, and co-founder of PropertyScout.
“Through our relentless focus on professional service, customer success, and technology innovation, we have become the trusted co-broker partner for many successful agencies."
Building a trusted partner network has become a primary focus for PropertyScout in 2022. According to Mario, connecting agents to the company’s platform allows for a cleaner, more transparent transaction process resulting in overall better achievements for everyone involved. As such, the company continues to scout for suitable agencies in all major cities across Thailand to further support the company's growth.
About PropertyScout
PropertyScout is a Bangkok-based Proptech startup that offers one of the largest selections of relevant listings for residential rental and sales properties. Founded in 2019 by a team of experienced Thai-international serial entrepreneurs and industry experts, PropertyScout’s tremendous growth is driven by real estate professionals, marketing specialists, and technology experts. The company has achieved a number of major milestones, including 15-fold growth in the last year and the successful closure of the pre-series A funding round.
