Property value offering launches across MENA

  • Date: 25-Jan-2021
  • Source: Zawya
  • Sector:Real Estate
  • Country:Gulf
  • Who else needs to know?

Property value offering launches across MENA

DUBAI, UAE /PRNewswire/ -- As a first-of-its-kind in the blockchain world, the team at Propertiq heads full force into the MENA region. The founding team is comprised of various industry-experts who recognise how progressive the public & private sectors are in locations like United Arab Emirates, Qatar, Saudi Arabia, Kuwait, Oman, and Iraq. Propertiq's business model is called PVO: Property Value Offering, which is an out-of-box form of financing commercial real-estate projects that optimise returns to investors."We've built an eco-system that has combined some of the most reliable yet rewarding sectors in the market today despite the pandemic — commercial real-estate, blockchain, and affiliate marketing; all coming together to form something unique which is why we've taken the liberty to deem Propertiq's business model, the world's first PVO: Property Value Offering," said Mr. Othman Mohammad Saleh, CEO of Propertiq.Unlike Security Token Offerings (STOs) or REITs that focus primarily on fractional ownership, Propertiq tokenises the commercial value of a property's benefits across sectors like Hospitality, F&B, & Offices. The platform is an autonomous, transparent facilitator for anybody who's dreamt of investing into real-estate opportunities that ordinarily wouldn't be within reach due to financial & geographical limitations.Despite the pronounced effect that COVID-19