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Global B2B Marketplace for Off-The-Plan Property - Convertible Note
| Categories: | Securities, Unissued Securities |
| Sale Type: | Asking Price |
| Price Guide: | Raising A$1.5m Convertible Note (A$400k committed) |
| Status: | Closed |
Summary:
Launched in Australia in 2013, the Company operates a global B2B marketplace for off-the-plan (OTP) property. The platform connects developers with project marketers, promoting and distributing OTP properties in Australia and across the world through real estate agents, financial planners and advisors. The company has 5,200 companies active on its platform with A$14bn of properties currently listed. It has facilitated A$2.2bn of transactions since inception.
Revenue of A$2.5m (FY17); on track to deliver A$3.5m in FY18. With international offices in USA, UK and China, the company has patents pending on 4 unique technological and marketing attributes and is considered one of the industry’s most innovative marketing products.
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