Sakan, Kuwait’s leading property technology company, has announced its acquisition of hapondo, a prominent real estate marketing platform in Qatar. This strategic acquisition represents a significant milestone for both firms and marks a new phase of collaboration and innovation in the Gulf Cooperation Council (GCC) real estate and PropTech sectors. With this move, Sakan aims to expand its operations into the Qatari market, combining hapondo’s local market expertise with Sakan’s advanced technology and regional network. The partnership promises to benefit users by offering a wider range of property listings across various sectors, data-driven market insights, and greater reach. Both companies’ CEOs have expressed enthusiasm for the merger, highlighting its potential to foster innovation and economic growth throughout the GCC. This deal underscores the potential of GCC cooperation to drive industry transformation and set new standards for excellence.

Real Estate, PropTech,Kuwait, Qatar, GCC

https://www.zawya.com/en/press-release/companies-news/sakan-acquires-hapondo-qatari-real-estate-platform-in-groundbreaking-gcc-deal-eiqb7k86