By being “By Your Side,” we have achieved significant growth in our performance.
The most recent example happened during the COVID-19 lockdowns we are investing to speed up our communications technology through internet phone services and cellular phones to ensure we can provide you with the answers you need, when you need them. In Asia, through your honest (especially those that opt to provide their identity and contact details), we have been able to evolve based on your valuable insights, not just from the survey, but also from post-survey follow-ups with one-on-one conversations. We look forward to a long and mutually beneficial relationship, as we work to establish our company as the market leader in the provision of property valuation data and technology in India.Since 2017, Hamburg Süd operated warehouses in Vietnam have operated with minimal disruption, but with stricted has been issuing quarterly Customer Satisfaction surveys to better understand your needs and satisfaction towards our overall performance in Customer Service, Sales, Logistics products and eCommerce. Raja Seetharaman, Co-Founder, Propstack said, “It is a great moment in the Propstack story for us to have an investor such as DMGT. With our knowledge of the commercial real estate markets and the similarity of Propstack’s services to those provided by other DMG Information companies, we believe we can bring considerable value to the business and this is what makes Propstack a valuable proposition.” DMGI is taking this as an incredible opportunity to touch base with the country’s commercial real estate market. With deeper involvement of institutions like DMGI through Funds, we are expecting seamless data and information transfer globally. This shift will create an increased demand for technology in commercial real estate, which in turn will boost the demand for all types of information including trends and analytics. The funds raised will be used to expand further the Propstack services to other cities of India and launch additional products and strengthen the team.Ĭommenting on this outlay with Propstack, Tej Kapoor, Country Head of dmg Information said, “Most corporates, developers, landlords and HNIs have become technology savvy and ‘global’ in their outlook. This includes detailed building information, analytics, client stacking, availability/vacancy details, transaction details and trends. Propstack is based on an online subscription model that provides a diverse range of information catering to all commercial real estate research requirements.
It currently serves a wide variety of professionals working in corporates, funds, rating agencies, brokers, owners, developers and vendors in Mumbai and will soon expand its services to the commercial real estate hubs of Pune, Bangalore, Chennai, Delhi-NCR, Hyderabad and Kolkata. Propstack conducts extensive, on-going research on commercial buildings in India, enabling clients to analyse, interpret and gain insight on commercial property availabilities, lease and sale transaction comparables and access the market conditions.
#DMG INFORMATION ASIA PACIFIC SERIES#
Dmg information has made a strategic investment of $3 million of Series ‘A’ funding in Propstack in participation with Real Capital Analytics and aims to increase its business stake in India over the next few years.Įstablished in 2013, Propstack is a commercial real estate information business based in Mumbai.
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