Sakan, Kuwait’s leading real estate company, has acquired hapondo, a premier real estate marketing platform based in Qatar.
This ground-breaking acquisition marks a major milestone, paving the way for a new era of collaboration and innovation to transform the Gulf Cooperation Council (GCC) real estate and PropTech industries.
Sakan has a presence in Kuwait, Saudi Arabia, Oman, and Bahrain. With the new acquisition of hapondo, Sakan will further diversify its portfolio by expanding its operation in Qatar’s market. This partnership aims to revolutionize the real estate landscape across the GCC region by combining hapondo’s deep understanding of the Qatari market and Sakan’s advanced technology and expansive regional network.
Expanded Listings: Users will benefit from wide selection of properties across residential, commercial, and industrial sectors throughout the GCC. This highlights the region’s dynamic real estate market.
Data-Driven Insights: By leveraging comprehensive data, the integration will enhance market transparency and enable the generation of detailed reports that provide valuable data-driven insights for real estate companies, property seekers, property owners, developers, and the public at large.
Broader Reach: The Sakan’s regional network will allow hapondo to connect with a wider audience. This will flourish new opportunities for real estate companies, owners, and property seekers alike.
Innovation and Growth: This partnership will drive advanced developments in the Proptech landscape, improving customer support, and significantly enhancing the overall user experience.
Abdullah Al Saleh, CEO of Sakan, commented that, “We are thrilled to welcome hapondo into the Sakan family. Together, we will create a more expansive, user-friendly platform that delivers greater value to our customers across the GCC. This partnership will enable us to better serve our customers and scale our growth across the region.”
Ahmad Al-Khanji, hapondo’s CEO, stated that, “Joining forces with Sakan aligns perfectly with our vision to revolutionize the real estate market in Qatar and beyond. The aim of creating a more transparent real estate industry will now expand, and we are excited for what the future holds.”
This acquisition highlights the dedication of GCC cooperation in driving innovation, enhancing economic growth, and creating value for all stakeholders in the region. The ground-breaking partnership between Sakan and hapondo will revolutionize the GCC real estate market by implementing solution and setting new standards for collaboration and excellence.
