Dubai Based IQI Setting Up Hub in KL for Its Asia Pacific Operations

Dubai Based IQI Setting Up Hub in KL for Its Asia Pacific Operations

Kuala Lumpur, June 8, 2017 – IQI, leading award-winning real estate and investment firm will be signing two major agreement with Exsim Group, commencing innovative collaboration that sets new precedent for Malaysia’s real estate environment. The signing took place at the Grand Hyatt Hotel in Kuala Lumpur.

IQI entered the Asia market in 2012, selecting Malaysia as its base of operations before expanding into Indonesia, Thailand, Vietnam and Philippines. To accelerate its growth and cater to the regional market, IQI will be acquiring 33,000 sqft of office space in Millerz Square @ OKR – a project by Exsim Group, to serve as its Asia Pacific Command Centre. This acquisition is valued at RM30 million.

Millerz Square @ OKR is a new landmark at Old Klang Road and the first mixed development by Exsim Group that will offer 5 blocks of high rise – comprising of 1 strata office tower with 336 units office suites, and 4 blocks of serviced apartments with a total of 1,633 units. Millerz Square is curated as a hub which could offer the new generation numerous possibilities and opportunities, with an art college situated within. Trendy and cozy ambience for F&B retail spaces are set to provide endless of choices for students as well as residents. The office tower shall be named as “EXSIM Tower” to celebrate Exsim’s success in the property development industry. Together with associate and subsidiary companies, Exsim Group will be occupying a total of 100,000 sqft of office space.

The official signing of this office space acquisition will be done between IQI’s Group CEO, Kashif Ansari, and Exsim’s Head of Corporate Communications, Michelle Siew.

Kashif Ansari, Group CEO said: “Today, IQI has reached another milestone, one that takes us closer to our vision of being the global leader in real estate. Going beyond industry norms is part of IQI’s DNA, and we pride ourselves on driving innovation and creativity into the real estate industry. As of May 2017 we launched the first 24/7 working space and café, where our team can host meetings, collaborate, and relax. Today, IQI with its international and innovative platform have taken the next leap in our expansion in this region with the new 33,000 square foot Asia Pacific Command Centre – the first ever by any Real Estate company in the world. This centre further differentiates us from market norms, and will propel our team to reach greater heights.

“Being market leaders, we believe it is our duty to build the best culture and environment for developing and rewarding our sales agents, who are the lifeblood of the real estate industry. IQI strongly believes that our agents deserve the best of the best, and so our agents deserve a nurturing, inspiring space that allows them to flourish and reach new heights. By continuing to energize our team, IQI will represent the new face of the real estate industry,” concludes Ansari.

IQI’s newest subsidiary, MyKey Global, a new name in luxury affordable hotel style room rentals will be signing an agreement with Exsim Group to operate 300 units of Expressionz Professional Suites, offering a 5-star hotel experience to all its short-term guests. MyKey will be adding an additional 500 rooms to its inventory and will be positioning itself to be an innovative leader in short-term serviced accommodations.

The signing of this serviced accommodations agreement will be done between MyKey Global CEO Dave Chong and Exsim’s Head of Corporate Communications Michelle Siew.

MyKey Global CEO, Dave Chong said: “We are looking forward to this partnership between Mykey Global and Exsim Group which will bring much more values to our investors and also our hospitality guests.” Chong states.

These two collaborations between IQI and Exsim Group are set to make long-lasting, innovative impact on the ever-dynamic real estate markets of the Asia Pacific region.

 

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