Lifull Connect acquires FazWaz in Thailand, forming exciting PropTech partnership with Dot Property
Lifull Connect, the largest real estate aggregation network in the world, has announced its acquisition of FazWaz in Thailand. This strategic move brings together two major players in the region’s PropTech ecosystem, Dot Property and FazWaz, forming an exciting partnership.
Dot Property, which owns and operates Thailand-Property.com and dotproperty.co.th, is Southeast Asia’s fastest-growing real estate marketplace. It has recorded significant growth in Thailand in recent years, becoming the dominant real estate network in the country. The company also acquired HipFlat, a Thailand-based real estate portal, in 2020, and has continued to invest in expanding its business.
FazWaz, founded in 2015 by Brennan Campbell, Michael Kenner, and Paul Trayman, has quickly become one of the leading real estate marketplaces in Thailand, with remarkable growth across Southeast Asia. FazWaz has been at the forefront of digitising real estate transactions in the region, utilising transaction technology to improve the home buying and renting experience for consumers.
The combined business of Dot Property and FazWaz can leverage FazWaz’s pioneering technology solutions to empower stakeholders in the Thailand real estate market. With map-based search, automated valuation models, and automated offer and contract workflows, home seekers can now have a more immersive and efficient experience. FazWaz’s ‘PopDeal’ and ‘DevHub’ technologies offer agencies and property developers simplified and more efficient transaction processes.
As the co-founder of FazWaz and CEO of the combined entity, Michael Kenner expressed his excitement in joining forces with Lifull Connect and their network of global real estate marketplaces. Kenner said “that this strategic partnership will enable FazWaz to bring their innovative technology solutions to even more customers in Thailand and beyond, with the added benefit of leveraging Lifull Connect’s extensive experience and resources. We look forward to collaborating with agencies and property developers in Thailand, to offer them more efficient and streamlined solutions that will help them grow their businesses”
Mauricio Silber, CEO of Lifull Connect, expressed his enthusiasm about the acquisition of FazWaz, saying
“We are thrilled to welcome FazWaz to the Lifull Connect family. This strategic move is in perfect alignment with our mission of providing innovative technology solutions that empower real estate stakeholders worldwide. By joining forces with FazWaz and Dot Property, we look forward to driving further innovation and delivering seamless, efficient real estate services to our customers. We are excited about the endless possibilities this partnership will bring.”
The acquisition of FazWaz aligns with Lifull Connect’s commitment to driving innovation and providing seamless and efficient real estate services to its customers around the world. With this acquisition, Lifull Connect is well-positioned to expand its reach and impact in the Southeast Asian market.
