And seek Pribko Through this financing, which was completed by the end of September 2024, it aims to support its vision and plans, to simplify everything related to the real estate sector and its transactions, to be available to various segments and individuals.
Commenting on this, she said: Amira Sajwanifounder and CEO of the Pripco platform: “This financing represents a milestone for Pripco, and a prominent step in achieving its goals of simplifying our customers’ journey in everything related to the real estate sector. Today, it is classified as Real estate It is the largest asset class in the world, but for a wide range of… Individuals For those wishing to invest in it, there are many obstacles that prevent this from being achieved. Therefore, through the Pribco platform, we seek to create a model and simple real estate environment, at the same time, for the benefit of everyone. Through this InvestmentWe can strengthen our real estate system, offer new opportunities and open the doors to achieve real estate freedom for all individuals.”
For his part, Mahmoud Adi, founding partner at Shorouk Partners, said: “We always look forward to supporting the efforts of leading companies that seek to invest in technology and harness it to enhance growth in key sectors such as the real estate sector, and the Repco digital platform is a good example of this. Its approach The innovation, especially in fractional ownership and crowdfunding of real estate, facilitates the real estate investment process for a wide segment of individuals, creating new investment opportunities. We are confident that Prepco will reshape the concept of real estate investment, and we are excited to be part of their journey aimed at enabling freedom. Own real estate for everyone.
A major transformation in the real estate sector
Prepco offers multiple services aimed at simplifying and digitizing customer experiences in the real estate sector, making them easier and more accessible. The platform currently focuses on four main segments: Pribco Blocks, Pribco Mortgage, Pribco Exclusives, and Pribco Golden Visa.
Pribco Blocks focuses on fractional ownership of real estate and is licensed by the Dubai Financial Services Authority. The platform allows investments starting from 2,000 dirhams ($544.5), and has fully financed 9 properties since its official launch, and plans to add more opportunities. Real estate investment In the coming months.
Through the Pribco Mortgage platform, individuals can obtain real estate financing directly and in a smooth manner. Last September, the platform was able to facilitate real estate financing transactions worth more than half a billion dirhams ($136,129 thousand) in just one month, which is a record number at the company level.
In turn, Prepco Exclusives provides real estate brokers with exclusive access to ready properties. The platform currently contains more than 250 property listings covering more than 70 projects.
Prepco Golden Visa also helps investors obtain a long-term residence visa (Golden Residency) in the UAE, and undertakes all necessary official procedures and transactions.
