Sunday 10 December 2023

Munjz signs deals with six industry giants

Proptech firm Munjz signs six deals with industry leaders

RIYADH, September 18, 2023

Munjz, the Saudi-based prop-tech cloud platform, has entered into strategic partnerships with six regional industry giants.

The agreements were signed on September 12 and 13 at the Cityscape Global Exhibition with Osus Real Estate, Innovest Real Estate, and Jawdah Real Estate; two prop-tech companies, Deal App and Aqar App; and investment company, Nawat Investment.

With all companies strongly positioned within the Saudi real estate development and investment market, Munjz has strategically placed itself in the industry, and aims to increases the technological efficiency across the kingdom by integrating its platform and services with these companies.

Munjz's platform encompasses the entire property management process by acting as a central hub that connects property owners, residents, facility managers, service providers, and vendors. Whether it's handling maintenance requests, processing orders, or managing tasks, users benefit from the complete control of the maintenance process, allowing for total oversight – from start to finish, said a statement.

Abdullah AlDaij, Founder and CEO of Munjz, shared a statement on the partnership saying: "Munjz's commitment to revolutionising property management through these strategic partnerships is in alignment with the Saudi Vision 2030. Through the platform our partners are able to manage their properties all in one place. Osus is one of Saudi’s oldest real estate development companies, and with Munjz, they will be able to easily control the management processes of each property in their portfolio.”

Jassem Al Omran, COO of Munjz, said: “The synergy these partnerships bring to the table will allow Munjz to enhance the services and continue to be at the forefront of revolutionizing the property management landscape. Our prop-tech platform is designed to offer a comprehensive property management and also to encourage and facilitate effective communication among users.”

Osus will be able to utilise the prop-tech platform in maintaining and serving all its properties. "Munjz's cutting-edge prop-tech platform will enable us to manage our extensive portfolio of properties efficiently. With our newly signed partnership, we believe that the platform's innovative solutions will empower us to provide a higher level of service and excellence to our valued clients and properties,” said Mohammad Almujaidel, CEO of Osus Real Estate.

Munjz will not only facilitate maintenance to its new partners, but also streamlines communication between users on the platform.

Deal App, one of Munjz’s newest tech partners, will be able to integrate its business and connect with real estate developers, driving its growth. As both a brokerage and property listings app, the partnership facilitates a new two-way market for both sides where brokers have the ability to now increase sales and revenue through Munjz's app, in turn allowing the real estate developers to have access to more certified brokers.

Salah Alswaidan, CEO of Deal App, stated “We recognise the immense potential of our partnership with Munjz in enhancing our services. Our platform, designed to connect buyers, sellers, and brokers, thrives on providing optimal user experiences. By integrating with Munjz's innovative prop-tech platform, we gain access to data and a vast network of real estate developers, thus deepening our market segmentation capabilities.” – TradeArabia News Service



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