PropNex Realty, the flagship subsidiary of P&N Holdings, has entered into a partnership with leading property consultancy JLL, as part of the company’s plans to extend its global outreach. This will open up bountiful of opportunities for the over 5,600 salespersons in the marketing of local and International new projects.
Under this partnership, JLL has acquired 20 per cent of PropNex International, another subsidiary of P&N Holdings and the project marketing arm of PropNex Realty. PropNex International was formed in 2007 and has grown to dominate the Singapore new private home sales, currently marketing 40 local and International new projects in the luxury, mass market and executive condominium segments.
PropNex salespersons will have greater opportunities with more local and overseas projects. They can also expect to market JLL’s clients seeking to lease their properties or investing in the commercial sector with the sale of strata-titled offices, industrial and retail units.
PropNex Realty will remain 100 per cent owned by P&N Holdings.
Read full media release HERE.