UAE based Arms &McGregor International Realty a prestigious real estate agency has signed a strategic partnership with Bloom Technology the company behind the creation of blockchain platform, LocusChain. The collaboration is expected to attract around 1000 Korean property investors to Dubai. The companies will collaborate to facilitate the buyers purchase of the right property in Dubai mainly through the use of Locus coin. The collaboration is the first at such level in the region to be developer with a Korean firm.
“Our team is excited about our new partnership with Bloom Technology,” said Makram Hani, Founder & CEO of Arms &McGregor International Realty. “This partnership will enable Arms &McGregor International Realty to facilitate a hassle-free experience enabling property investors from Korea to have the right reach and representation within the Dubai market while allowing Dubai Developers and market players a none precedented reach to a brilliant pot of investors. We aim to develop cumulative success through the ties built between the two markets.”
Sang Youn Lee, CEO of Bloom Technology(Locus Chain) has mentioned that “We are facing the new era where many industries transition to Digital Platform integration and tech adoption at a transactional level, and we believe that the Real Estate Business shall be advanced with Digital Platform use also in a perfect marriage between fintech and prop-tech. Fast Public Blockchain such as Locus Chain are useful tools to develop Digital Platforms for the real-estate industry, and we are thrilled to cooperate with seasoned veteran “Arms &McGregor International Realty ®” who stand as strong property investors and representatives of various property developers such as Emaar, Shoba, Meraas & DAMAC.”