PriceSensitive

AssetOwl (ASX:AO1) enters marketing partnership with PPM Group

Market News, Real Estate
ASX:AO1      MCAP $1.947M
14 April 2020 12:38 (AEST)

AssetOwl (AO1) has secured an exclusive 12-month marketing partnership with property management company, PPM Group.

PPM Group is a leading Australian provider of property management solutions. The company has a wide range of products and services which can increase the profitability of agencies. PPM Group also offers tools, training, and resources to property management departments. 

As part of the partnership, PPM Group will promote AssetOwl and its real estate inspection products to PPM’s clients and social media network.

PPM Group has a massive property management database, including over 9,000 real estate agencies. It also has a steadily growing social media network, reaching over 23,000 property managers and business owners. 

In particular, PPM Group will market AssetOwl’s photo-centric property management platform, inspector360. The app uses AssetOwl’s proprietary virtual tour technology to create an internal view of a property. The product, which uses virtual reality technology, will be especially useful while COVID-19 keeps people indoors. 

PPM Group’s Managing Director, Debbie Palmer, expressed her excitement about becoming a part of AssetOwl’s journey.

“I have invested a lot of time into reviewing the limited number of solutions in the property management industry supplier market for inspection app solutions. Inspector360 is really a standout,” Debbie explained.

“This product is the evolution of virtual tours, which I believe have become a critical element of any inspection solution. The current global health crisis poses real challenges to the property industry, but also presents an opportunity for everyone to start doing business more efficiently,” she continued.

I believe inspector360 is a must for every property management business to embrace, in order to progress and stay relevant. I cannot wait to launch this app to our clients, network, and industry,” Debbie concluded.

AssetOwl’s share price remains unchanged, trading for 1.2 cents per share at 12:36 pm AEST.

Related News