Japan’s Lifull acquires Thailand brokerage services company FazWaz

Japan-based marketplace operator Lifull Co., Ltd has announced the acquisition of Thailand-based brokerage services company FazWaz, to expand its real estate businesses in Thailand and Southeast Asia and acquiring technology.

In a statement, Lifull and its wholly-owned subsidiary based in Spain Lifull Connect announced the decision for their wholly-owned subsidiary based in Thailand Dot Property Co., Ltd. to enter into a transaction agreement to acquire all shares of FazWaz Thailand Co. Ltd., a subsidiary of FazWaz Pte. Ltd based in Singapore, to make it a subsidiary of the company.

Lifull said the focal point of its current mid-term management plan ending in FY 2025/9 is the expansion of its core real estate-related businesses in Japan and abroad.

In combining the user base and client network of Dot Property and FazWaz, Lifull said Lifull Connect will continue to…