{"id":1979,"date":"2018-05-25T15:22:00","date_gmt":"2018-05-25T15:22:00","guid":{"rendered":"https:\/\/www.realtrends.com\/blog\/2018\/05\/25\/bayut-and-bproperty-aquire-mubawab\/"},"modified":"2025-03-13T02:35:22","modified_gmt":"2025-03-13T02:35:22","slug":"bayut-and-bproperty-aquire-mubawab","status":"publish","type":"post","link":"https:\/\/www.realtrends.com\/blog\/2018\/05\/25\/bayut-and-bproperty-aquire-mubawab\/","title":{"rendered":"Global Property Portals Bayut and Bproperty Acquire Mubawab"},"content":{"rendered":"<h3><strong>EMPG acquires Morocco<\/strong><strong>\u2019<\/strong><strong>s market leader Mubawab<\/strong><\/h3>\n<p>UAE-based Emerging Markets Property Group (EMPG), which owns and operates market leading property portals including UAE\u2019s <a href=\"https:\/\/www.bayut.com\">Bayut<\/a>, Pakistan\u2019s <a href=\"https:\/\/www.zameen.com\/\">Zameen<\/a> and <a href=\"https:\/\/www.bproperty.com\/\">Bproperty<\/a> in Bangladesh, has announced that it has acquired Morocco\u2019s largest property portal <a href=\"http:\/\/www.mubawab.ma\/\">Mubawab<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>Headquartered in Casablanca, Mubawab was founded in 2011 by entrepreneurs Kevin Gormand and Toni Puig. It has since grown to become the largest real estate vertical in the country, expanding operations to several cities and registering strong growth across all metrics, including revenue. The portal has also created a significant brand presence in Morocco, having successfully executed TV campaigns since 2015.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-46392 size-large\" src=\"https:\/\/www.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2021\/01\/Mubawab-Homepage-Screenshot-1024x518-1.png\" alt=\"Mubawab\" width=\"1024\" height=\"518\"><\/p>\n<p>Haider Ali Khan, CEO of <a href=\"global-trends-dubai-land-opportunity\/\">Bayut<\/a>.com and responsible for EMPG\u2019s international expansion and operations, said Mubawab\u2019s founders will continue to lead the portal as EMPG injects capital and introduces its data-driven strategy and technology.<\/p>\n<p>\u201cWe believe Mubawab\u2019s core strength is its people, and we are happy that they will continue to lead the charge. Kevin and Toni have built a great team, and they are the best people to carry the portal into this new phase of rapid development and consolidation under the EMPG umbrella,\u201d said Khan. \u201cThe Group will be injecting a substantial amount of funds and expertise into Mubawab, with the singular aim of driving exponential growth across all metrics.\u201d<\/p>\n<p>EMPG C<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-46391 alignleft\" src=\"https:\/\/www.realtrends.com\/blog\/wp-content\/uploads\/sites\/9\/2021\/01\/EMPG-Logo-300x150-1.png\" alt=\"\" width=\"300\" height=\"150\">hairman Gilles Blanchard, co-founder of SeLoger in France, said, \u201cMorocco is an excellent market with tremendous potential, and we are excited about the opportunity to develop the real estate ecosystem further.\u201d<\/p>\n<p>Kevin Gormand, CEO of Mubawab, said the Mubawab team was looking forward to benefiting from EMPG\u2019s experience in similar markets. \u201cWe are very excited about this partnership and see a clear path to consolidating the market in the near future. EMPG has done a fantastic job in similar markets and we look forward to leveraging the infrastructure and tools to help us achieve the same in Morocco,\u201d said Gormand.<\/p>\n<p>The acquisition bolsters EMPG\u2019s presence in the region further, where it is already the largest player with Zameen, <a href=\"abu-dhabi-property-market\/\">Bayut<\/a>, and Bproperty.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EMPG acquires Morocco\u2019s market leader Mubawab UAE-based Emerging Markets Property Group (EMPG), which owns and operates market leading property portals including UAE\u2019s Bayut, Pakistan\u2019s Zameen and Bproperty in Bangladesh, has announced that it has acquired Morocco\u2019s largest property portal Mubawab.<\/p>\n","protected":false},"author":15802,"featured_media":4822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3255],"tags":[],"coauthors":[],"class_list":["post-1979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v26.8) - 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