Romanian proptech startup Directimo opens Dubai office

The Dubai office is part of the company's strategy for growth in international markets and plans to invest in more advanced developing technology for buyers and brokers, it said in a press release.

Directimo also said it has appointed Mike Hapoianu as its CEO for the United Arab Emirates (UAE).

"The multiculturalism in Dubai, with expats being 90% of the population, comes with many benefits, but also with the challenge that each business partner behaves specifically, and sets their expectations differently," Mike Hapoianu said.

The company has launched a new seed investment worth 1 million euro ($995,998), which has a 70% confirmation rate from business partners and angel investors.

Directimo is a prop-tech platform which provides both real estate developers and agents with tools to facilitate transactions of properties.

($=1.004 euro)