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Sakan completes acquisition of hapondo, Qatar’s premier real estate marketing platform, to expand its market presence

PRIVATEAug 25, 2024

Acquiring Company

Sakan

Acquired Company

hapondo

DohaReal EstateProperty ManagementReal Estate

Description

Sakan, Kuwait’s leading property technology company, proudly announces the acquisition of hapondo, Qatar’s premier real estate marketing platform. This groundbreaking move not only marks a major milestone for both companies but also symbolizes a new era of collaboration and innovation within the Gulf Cooperation Council (GCC) real estate and PropTech industries. The acquisition will expand Sakan's operation to Qatar’s market and redefine the real estate landscape across the GCC, offering users an extensive selection of properties, comprehensive data-driven insights, broader reach, and cutting-edge developments in the Proptech landscape.

Quick answer

Sakan is acquiring hapondo, announced August 25, 2024.

How much did Sakan pay for hapondo?
The deal value was not disclosed.
What does Sakan do?
Sakan is Kuwait’s leading property technology company, focused on transforming the real estate market across the GCC through innovative digital solutions.
Where are Sakan and hapondo based?
hapondo is based in Doha, Qatar.
Who are the decision-makers at Sakan?
Fundz holds 1 contact at Sakan. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Real Estate and Property Management

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Sakan

About

Sakan is Kuwait’s leading property technology company, focused on transforming the real estate market across the GCC through innovative digital solutions. With operations in Kuwait, Saudi Arabia, Oman, and Bahrain, Sakan offers a user-friendly platform connecting property seekers with ideal residential, commercial, and industrial spaces.

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Frequently asked

Who acquired hapondo?

hapondo was acquired by Sakan. The deal was reported on August 25, 2024. Sakan is Kuwait’s leading property technology company, focused on transforming the real estate market across the GCC through innovative digital solutions. Sakan is privately held and operates in Real Estate.

When did Sakan acquire hapondo?

Sakan's acquisition of hapondo was reported on August 25, 2024. Sakan, Kuwait’s leading property technology company, proudly announces the acquisition of hapondo, Qatar’s premier real estate marketing platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does hapondo do?

hapondo is Qatar's homegrown real-estate marketplace that connects tenants and buyers with real estate companies. It is privately held, operating in Real Estate, and is based in Doha.

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