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Arms & McGregor Launches MENA s 1st Real Estate Tokenisation Platform
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UAE firm launches new property tokenization platform
DUBAI, 6 hours, 36 minutes ago Arms & McGregor International Realty, the Dubai-based real estate company behind Real Estate 6.0 (the new asset class in real estate), has launched the region s first real estate tokenization platform directly connected to a DeFi liquidity pool. Powered with innovative technology developed by Blocksquare - one of Europe s leading companies in the space of tokenization of real estate - the new platform will open the way for trading, owning, and liquidating property assets through trading digital tokens. With the increasing number of transactions that the UAE real estate sector registered over the past few months, Arms & McGregor International Realty eyes over $5 billion in liquidity to the property market in GCC by 2024. The move by the UAE firm comes as a stepping stone in the direction to make the liquidation of the asset class possible and transparent, while automating the transaction
Gain in deal to tackle UAE property market challenges
DUBAI, April 19, 2021 Gain, a newly launched private community concierge app, has signed strategic partnerships with 11 home and business service providers in order to address the key property market challenges in the UAE such as rising service charges for property owners and living expenses including rent for end-user tenants. These 11 partners are ServeU Essentials for Maintenance; ISS Relocations for Moving and storage; Spectrum for cleaning; Realpoint for Property Inspection and Valuation; Arms & McGregor International Realty for Property Sales; Rentals and Management; Bluechip for IT support; Karters Interior Decoration for Property Remodeling; Unimar for Pest Control; Transfective for Translation; Kudos PRS for Auditing and Accounting and Shuraa for Business Setup and Business Centres.
Gain signs 11 partnerships to reduce service charges for property owners
Sam Issa, co-founder and managing director, Gain Online Community
Partnerships aimed at addressing rising service charges on properties for consumers
Private community concierge app, Gain, has announced key partnerships with 11 home and business service providers in order to address the UAE property market challenges of rising service charges for property owners and living expenses including rent for end-user tenants.
Gain is a UAE home-grown start-up that aims to reduce the rising service charges and maintenance costs as they continued rising to anything between 10 to 25 per cent of a unit’s rent over the past few years. Gain supports the recent overhaul by Dubai Land Department and RERA towards service charges in order to boost the property market in Dubai.
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