LI FULL Connect, the world's largest real estate network, has announced the acquisition of FazWaz in Thailand. The strategic move unites the two main players of the Protech regional ecosystem with Hot Property and FazWaz, forming a partnership that will expand the opportunities of all stakeholders in the real estate market of the Kingdom.
The acquisition of Fawaz and the partnership with Dot Property align with LI FULL Connect's commitment to innovate and provide seamless and efficient real estate services to its customers worldwide. As real estate and PropTech are rapidly transforming locally, regionally and globally, this acquisition will enable LIFULL Connect to not only expand its presence and influence in Southeast Asia, but also bring the real estate market forward.
Hot Property, the fastest growing real estate market in Southeast Asia, teaming up with FazWaz, one of the leading real estate markets in Thailand, will empower all stakeholders in the Thai real estate market. Thanks to FazWaz's innovative technological innovations and Dot Property's market-leading solutions, this partnership is a natural development of the country's real estate sector.
FazWaz, founded in 2015 by Brennan Campbell, Michael Kenner and Paul Treyman, has quickly become one of the leading real estate markets in Thailand, recording significant growth in Southeast Asia. Fawaz is at the forefront of digitizing real estate transactions in the region, using transaction technology to improve the purchase and rental conditions for consumers.