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AssetOwl (ASX:AO1) teams up with Nathan Want for inspector360 rollout

Market News, Real Estate
ASX:AO1      MCAP $1.947M
15 July 2021 09:40 (AEST)
AssetOwl (ASX:AO1) - Chairman, Simon Trevisan (right)

Source: LinkedIn (AssetOwl)

AssetOwl (AO1) has teamed up with Nathan Want to speed up the rollout of its photo-centric property management platform, inspector360.

Nathan Want is the licensee and director of Attree Real Estate, a highly respected agency in Western Australia.

Inspector360 uses virtual technology to create an internal view of residential properties, providing tenants, property managers and landlords with an exact photocentric record of the condition of properties before, during and after a tenancy.

Under the agreement, AssetOwl has agreed to issue 8.5 million options to Mr Want in five tranches.

AssetOwl has a long history of collaboration with Mr Want and this new agreement will build upon the existing relationship.

“I’m delighted to have the opportunity to further strengthen my relationship with AssetOwl,” Mr Want told the market.

“Having worked with AssetOwl’s product for the past few months, it is clear to me that their inspector360 tool is the real estate inspection platform of the future. I am of the view that inspector360 has the potential to make a positive impact on the industry.”

AssetOwl CEO Geoff Goldsmith is pleased with the new agreement.

“Nathan helps lead a progressive agency which continually seeks out innovative solutions to industry challenges,” he said.

“Over the course of his time working in real estate, Nathan has built an
extensive industry network which will improve our positioning in WA and accelerate AssetOwl’s traction on Australia’s east coast as we move towards market entry into Victoria, which is planned for the current quarter.”

On the market this morning, AssetOwl was up 7.14 per cent and trading at 0.8 cents per share at 11:23 am AEST.

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