CUSHMAN & WAKEFIELD IN DATA ALLIANCE PACT WITH PROPSTACK
Propstack, India’s leading Real Estate data, analytics and workflow solutions company, is pleased to announce that Cushman & Wakefield has subscribed for Propstack researched products and services. The agreement provides Cushman & Wakefield access to the Propstack platform in all existing India markets. Over its 5-year history, Propstack has a track record of partnering with the industry, both nationally and at the International level.
"The trust shown by a global firm like Cushman & Wakefield definitely strengthens technology start-ups ecosystem in India and is an integral piece of our overall plan to increase adoption of technology, digitization and transparency in the CRE industry. We are thrilled to have one of the top International consulting firms support our expansion plans and believe that it will accelerate market penetration," said Shubhankar Dongre, Director of Propstack. "These relationships will enrich the competitive landscape for commercial real estate information and lend tremendous credibility to our mission and objectives."
Anshul Jain, Country Head & Managing Director, India “India is a growing market and, with the recent reforms in the real estate sector, we expect a positive business sentiment and growth for office space in the coming two to three years. Partnering with Propstack allows us to deliver new insights and value to our clients by augmenting our existing proprietary intelligence and comprehensive real estate services.”
Currently available in all Tier 1 & Tier 2 markets, Propstack intends to launch additional markets and expanded services within the existing markets. Propstack has successfully launched the largest pan India mortgage data platform and is currently piloting an innovative product for the residential market in Mumbai. Propstack provides fully researched information and analytics for companies involved in buying, selling, leasing, developing or managing commercial real estate. Propstack’s core products provide a comprehensive inventory of commercial properties, transaction details, available spaces, tenant details, sale & lease comparable, macro & micro trends and analytics.