A couple of weeks ago, Singapore-based real estate firm, Luxe Real Estate was acquired by Square Yards. Square Yards is the top pan-India organized real estate advisory group, toting a strong presence in 20 cities and 5 countries around the world. With over 600 employees and counting, the acquisition of Luxe Real Estate firmly places Square Yards in the top 30 Singapore-based agencies by number of agents. With direct access to prime Singapore Real Estate, Square Yards intends to hold a dominant position in the International real state market. Data from the International Project Marketing division in Dubai suggests high demand from influential counties like the United Kingdom and Malaysia. Square Yards hopes to reach the same level of presence in Asia.
Prior to the acquisitions, Luxe Real Estate offered investment, marketing, sales and rental services for private luxury and properties on its own. It will now operate in conjunction with Square, providing expertise in Australia, Hong Kong, Malaysia, Thailand, Indonesia, and China. The joining between Luxe and Square Yards appears to be favorable and both teams are looking forward to the merge. Each company provides and unique outlook and niche market, forming the ultimate package.
Luxe Real Estate was recently founded in 2014 by Calvin Chao, an individual with a particularly strong background in domestic and international luxury real estate. Square Yards was establish only a year before in 2013. The company will bring it’s 500 A grade developers to the Luxe team.
Over the next two quarters, Square Yards intends to expand it’s global reach into 20 additional markets.
from Anthony S Casey and Real Estate http://ift.tt/1M9cXRz