Propsnap Now Accessible to Landlords, Developers and Property Advisers

London, United Kingdom, December 05, 2010 --(PR.com)-- Propsnap, the online platform that enables the confidential and secure marketing of surplus accommodation between corporate real estate professionals, has now been opened up to landlords, developers, agents and surveyors, following an initial launch period where access was limited to invited members of its Occupier Club.

Since Propsnap’s launch in May a number of household names, including several Fortune 500 companies, have signed up as members taking advantage of Propsnap’s features that substantially increase the speed of transactions, easing the process of disposing and acquiring of property in challenging and emerging markets.

Elliot Lewis, portfolio manager of Real Estate GE for the Middle East and Africa and one of Propsnap’s users, says: “This platform is a long time coming. Corporates have talked about partnering with other multinational corporations in challenging and emerging markets; Propsnap provides this forum and more.”

Ian Lawrence of Propsnap comments: “Propsnap is changing the way in which surplus commercial properties are brought to the market by major occupiers at a national and international level. It is doing this by enabling corporate occupiers to confidentially list and promote surplus properties within their global portfolios, for free, to their counterparts in other multinationals. In addition to these occupier-to-occupier introductions Propsnap allows corporate real estate professionals to rapidly obtain detailed information and reports on individual properties and markets, enabling them to benchmark costs.”

He adds: “It is not just those working in international markets that can benefit from Propsnap, as developers, investors and property consultants can now all take advantage of the powerful analytical and search tools. This presents them with a major competitive advantage by reducing transaction time and overheads.”

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Notes to editors:

72 properties, in eleven countries (United Kingdom, South Africa, Kenya, Ghana, Nigeria, Oman, Egypt, Tunisia, Algeria, Spain and Norway), totalling over 3,562,000 sq ft (331,000 sq m) are currently being marketed on Propsnap.

Propsnap's Vision
To increase the speed, reduce the cost and improve the efficiency of transacting commercial property by connecting occupiers, owners, their service providers and other stakeholders through a web enabled platform that allows for the fast and effective comparison and evaluation of corporate real estate through the use of standardised data and information.

Propsnap's Mission
Propsnap provides a direct route for owners, occupiers and their property advisers to market property directly to Occupier's acquisition teams. Propsnap will leverage its unique Occupier's Club to drive a better level of comparable property information, particularly from challenging markets where this information has not previously been easily accessible. Future functionality of Propsnap will be developed through consultation with key users regarding their needs, in order that it remains at the cutting edge of property marketing.

For further information, please contact:
Andrew Barber, Revolution Public Relations Tel: 07989 553903
andrew@revolution-pr.co.uk

Kate Titchmarsh, Revolution Public Relations Tel: 07595 673610
kate@revolution-pr.co.uk

Ian Lawrence, Propsnap Tel: 07929 347755
ian@propsnap.com

http://www.propsnap.com

Digital copy of this release: http://www.revolution-pr.co.uk/propsnap_hard_launch
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Propsnap Ltd
Andrew Barber
2072809600
propsnap.com
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