Asian proptech group Juwai IQI has signed a cooperation memorandum of understanding (MOU) with Pakistani real estate developer Maymar to establish a joint venture in Pakistan, reports the Associated Press of Pakistan (20 August 2020). Shanghai-headquartered Juwai IQI operates Juwai.com, the world's largest Chinese overseas real estate online platform and Juwai.asia, a global portal for Asian buyers, and is engaged in real estate project sales, leasing, brokerage, branding, appraisal and marketing. The MOU will enable the IQI brand and Juwai's real estate online platforms to enter the Pakistani real estate market and allows Maymar to become the exclusive agent of Juwai and IQI in Pakistan. Kashif Ansari, CEO of IQI Global, believes Pakistan has great potential. "As we enter a new region, this cooperation will be a core part of the company's future development strategy," said Ansari.
