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ITANDI and RENOSY (Thailand) Collaborate and Begin Development of a Real Estate SaaS Business in Thailand

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Aiming to strengthen the foundations of the property management DX business in the Southeast Asia region

TOKYO, March 5, 2024 /PRNewswire/ — GA Technologies Co., Ltd. (Head office: Minato-ku, Tokyo; President, Representative Director and CEO: Ryo Higuchi, Stock Code: 3491; the “Company”) hereby announces that ITANDI, Inc., a group company, and another group company RENOSY (Thailand) Co., Ltd. have decided to collaborate and start business development in the Kingdom of Thailand (“Thailand,” hereafter), with details as follows.

ITANDI will leverage the track record and expertise it has developed in Japan with its real estate tech business including SaaS service with the aim of expanding business in the area. To establish a default standard in the Southeast Asia region where real estate digital infrastructure is underdeveloped, ITANDI will further accelerate the global development of online real estate.

Background

The GA technologies Group company ITANDI, which develops platforms including systems that improve business efficiency for the real estate rental management and rental brokerage sectors, has employed technology to streamline real estate transactions. As a result, it has become the most used brokerage firm in four real estate lease management services (*1) with sales revenue exceeding 3.0 billion yen. The number of companies that use its services is approximately 2,700(*2) and the number of online lease applications is approx. 970,000(*3) cases per annum, representing a market share of approximately 30% in lease applications nationwide (*4). In this way, ITANDI has been promoting the digital transformation of the entire real estate leasing industry.

Meanwhile, the Company’s group company RENOSY (Thailand) Co., Ltd., which maintains a top market share in the real estate rental brokerage business for foreign residents in Thailand(*5), has developed a cumulative user base of 18,500 people, targeting foreigners with a focus on major Japanese companies and their staff, primarily in Bangkok, Thailand. RENOSY (Thailand) operates the luxury rental property search platform dearlife by RENOSY that handles more than 2,000 brokerage cases per annum and has a track record of doing business with roughly 1,000 individual real estate owners and corporates in Thailand.

To date, the Company has also focused on overseas business development outside Thailand. In 2020, the Company acquired the business of Shenjumiaosuan, a company that has a leading share as a Japanese real estate platform for property investors in the Chinese cultural territories, and the Company has been concentrating on expanding its overseas business in Asia, including the recently announced establishment of a site in Taiwan.

As part of this strategy and in light of the local real estate management business environment in Thailand as described below, the Company sees the entry of the ITANDI business into the Thai market as a perfect opportunity to strengthen the foundations of the property management DX business in Southeast Asia, as the Company expects synergies from utilizing the existing assets of both group companies ITANDI and RENOSY (Thailand).

The Business Environment in Thailand and Expected Synergy EffectsGenerally speaking, in Japan it is common for real estate owners to entrust rental management to management companies, but in Thailand, individual real estate owners (or corporations) conduct rent collection and general management activities, with the development of rental management businesses and digitalization lagging behind that of Japan.In fact, a certain number of real estate owners who deal with dearlife by RENOSY have expressed dissatisfaction with the complex processes.By providing the services developed by ITANDI, convenience for real estate owners that represent its customers will be improved.In introducing this service, speedy sales activities will be possible, as dearlife by RENOSY already does business with a very large number of real estate owners in Thailand.Upcoming Schedule

The Company has been considering this undertaking for some time, and with this news release it will enter a phase of full-scale efforts to consider commercialization. In May 2024, the Company’s executive officer in charge of development is scheduled to take up a post at its location in Thailand. By assigning a development manager to the site of business development, the Company will drive speed development consistent with local needs.

To date, the GA technologies group has cultivated expertise in online real estate and real estate SaaS in Japan. By rolling out and introducing the expertise outside Japan, the Company will further advance the global development of online real estate.

Profile of ITANDI, Inc.

Company name: ITANDI, Inc.
Representative: Akihiro Nagashima, Member of the Board & CEO
URL: https://www.itandi.co.jp/
Headquarters: Sumitomo Fudosan Roppongi Grand Tower 42F 3-2-1 Roppongi, Minato-ku, Tokyo
Established: June 2012
Share capital: 36 million yen
Business description:
– Development and operation of the ITANDI BB real-time website for real estate agents
– Development and operation of the ITANDI BB+ suite of DX services for real estate rental operations
– Development and operation of the OHEYAGO online real estate rental service

Profile of RENOSY (Thailand) Co., Ltd.

Company name: RENOSY (Thailand) Co., Ltd.
Representative: Chief Executive Officer  Koichiro Ando
URL: https://inquiry.renosy.com/special/thailand/
Address: 19th︎ Floor,︎ Bhiraj︎ Tower︎ at︎ EmQuartier︎ 689︎ Sukhumvit︎ Road,︎ Klongton︎ Nua,︎ Vadhana,︎
Bangkok︎ 10110︎ THAILAND
Business description:
– Real estate rental brokerage business (Bangkok Branch / Si Racha Branch)
– Real estate sale, purchase and resale business
– Real estate management business
– Home renovation business
– Maid service dispatch business
– Soccer school operation
– Operation of Muay Thai and fitness gym

Profile of GA Technologies Co., Ltd.

Name: GA Technologies Co., Ltd.
Representative: Ryo Higuchi, Representative Director, Executive Officer, and CEO
URL: https://www.ga-tech.co.jp/en/
Headquarters: Sumitomo Fudosan Roppongi Grand Tower 40F 3-2-1 Roppongi, Minato-ku, Tokyo
Established: March 2013
Business description:
– Development and operation of RENOSY, a brand of the online property investment service
– Development of SaaS type of BtoB PropTech products
Major groups companies: 21 companies including ITANDI, Inc., Shenjumiaosuan Co., Ltd., Spica Consulting Inc., and RW OpCo, LLC.

CONTACT:
Name: Judy Yu
Email: pr@ga-tech.co.jp 
Phone: 81-80-8899-1699

 

(*1) “Survey of impact of COVID-19 Pandemic on Rental Real Estate Market in 2023 Moving Season (January-March)”  https://lmc-c.co.jp/wp/wpcontent/uploads/2023/07/lmc_releace_20230726.pdf Related Press Releases: https://www.itandi.co.jp/news_posts/1104

(*2) As of October 31, 2023

(*3) Time period covered: November 1, 2022 – October 31, 2023

(*4) The ratio was estimated using the First Edition_2020_1224 REAN JAPAN Market Report. According to the report, the number of lease brokerage agreements was 2.28 million. The said estimated ratio was obtained using the number of lease applications submitted to ITANDI, which was calculated to be 3.25 million based on the report, the rate of cancellation (30%) faced by ITANDI between lease application and contract, and the number of online rental applications (November 2022 – October 2023) submitted to ITANDI.

https://rean-japan.jp/images/REAN-JAPAN-Market-Report%E7%AC%AC1%E7%89%88_2020_1224.pdf? 20201223

(*5) The share was calculated based on the financial information obtained from the Ministry of Commerce, Thailand

 

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SOURCE GA technologies Co., Ltd.

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JAS Worldwide Signs SPA with International Airfreight Associates B.V.

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ATLANTA, Dec. 23, 2024 /PRNewswire/ — JAS Worldwide, a global leader in logistics and supply chain solutions, and International Airfreight Associates (IAA) B.V., a prominent provider of comprehensive Air and Ocean freight services headquartered in the Netherlands, are proud to announce the signing of a Share Purchase Agreement (SPA). This agreement marks an important step toward JAS Worldwide’s acquisition of IAA which, pending regulatory approval, is expected to be completed in the first quarter of 2025.

“This acquisition aligns with our strategic goals and enhances our ability to provide comprehensive logistics solutions to our clients. We eagerly await the finalization of this deal and look forward to welcoming IAA’s talented air and ocean team into the JAS family,” said Marco Rebuffi, CEO of JAS Worldwide.

“In JAS Worldwide we have found the right party to realize our growth ambitions and guarantee a pleasant working environment for our employees. By joining forces, we can also offer an even broader service to our current customers. We therefore look to the future with confidence” said Jur de Graaf, Managing Director of International Airfreight Associates.

IAA handles multi-modal general cargo and specializes in the transportation of perishable goods, with headquarters in The Netherlands and an operation in Germany. This acquisition will strengthen JAS’s presence in key markets and increase its expertise in managing time-sensitive perishable shipments.

The combined strengths of JAS Worldwide and IAA will drive value for customers through enhanced service offerings and a broader global network.

About JAS Worldwide
JAS Worldwide, a global leader in logistics and supply chain solutions, was founded in Milan, Italy in 1978. Headquartered in Atlanta, Georgia, and supported by 7,000+ team members in more than 100 countries, it focuses on creating solutions that are innovative, sustainable, and unique to each customer’s needs. At the heart of its success is its people, who are committed to delivering customer value. As a privately owned company, JAS maintains a steadfast commitment to creating opportunities for our communities, customers, and colleagues to thrive. Together.

About International Airfreight Associates B.V.
International Airfreight Associates B.V. is a trusted provider of airfreight logistics services with headquarters in the Netherlands and additional operations in Germany. With nearly 100 employees across four locations, including Amsterdam, Aalsmeer, Rotterdam, and Frankfurt, the company specializes in moving perishable goods and delivering tailored logistics solutions for a diverse range of clients.

View original content:https://www.prnewswire.com/news-releases/jas-worldwide-signs-spa-with-international-airfreight-associates-bv-302338512.html

SOURCE JAS Worldwide

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Orange County Register Names Roth Staffing Companies one of the Top Workplaces for 2024

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This year’s recognition marks Roth Staffing’s twelfth time on the prestigious list.

ORANGE, Calif., Dec. 23, 2024 /PRNewswire-PRWeb/ — Roth Staffing Companies has been named as one of the Top Workplaces 2024 by Orange County Register Top Workplaces, making it their twelfth time to receive this honor. Roth Staffing earned its spot in the midsize category.

“Having established our business here in Orange County more than 30 years ago, this recognition holds a special place in our hearts. We’re thrilled and grateful to once again be named a Top Workplace!” – Adam Roth, CEO of Roth Staffing Companies.

This list is based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The confidential survey uniquely measures the employee experience and its component themes, including employees feeling Respected & Supported, Enabled to Grow, and Empowered to Execute, to name a few.

“Having established our business here in Orange County more than 30 years ago, this recognition holds a special place in our hearts. We’re thrilled and grateful to once again be named a Top Workplace!” shared Adam Roth, CEO of Roth Staffing Companies. “At Roth Staffing, our coworkers take pride in their contributions and are inspired to enjoy the process along the way. It’s their dedication to fulfilling our Purpose, ‘To make life better for the people we serve,’ that has made this achievement possible. Here’s to many more milestones ahead in 2025 and beyond!”

About Roth Staffing
Roth Staffing Companies is one of the largest privately held staffing firms in the United States, operating from more than 100 locations across 20 states and the District of Columbia. Roth Staffing consists of five specialized business lines: Ultimate Staffing Services for administrative and office positions, Ledgent Finance & Accounting,Ledgent Technology, Adams & Martin Group for legal staffing, and About Talent for workforce solutions. 

Roth Staffing Companies, L.P. has locations Arizona: Phoenix; California: Brea, Carlsbad, Century City, Cerritos, Costa Mesa, Fremont, Fresno, Inland Empire, Irvine, La Jolla, Los Angeles, Orange County, Oxnard, Palo Alto, Pasadena, Pleasanton, Roseville, Sacramento, San Diego, San Francisco, San Jose, Torrance, Tustin, Woodland Hills; Colorado: Denver; Connecticut: Hartford, New Haven; Florida: Boca Raton, Clearwater, Fort Lauderdale, Orlando, Tampa, West Palm Beach; Georgia: Atlanta; Massachusetts: Boston; Maryland: Baltimore, Columbia, Frederick, Rockville, Timonium; Michigan: Detroit; Minnesota: Bloomington, Minneapolis; Missouri: St. Louis, Kansas City; North Carolina: Raleigh; New Hampshire: Nashua; New Jersey: Paramus; Nevada: Las Vegas; Oregon: Portland; Texas: Austin, Dallas, Houston, North Houston, San Antonio; Virginia: Arlington; Washington: Wisconsin: Milwaukee. 

About Energage
Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 17 years of culture research and the results from 27 million employees surveyed across more than 70,000 organizations,  Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.

Media Contact

Samantha Cabot, Roth Staffing Companies, 714-939-8600, scabot@rothstaffing.com, rothstaffing.com 

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SOURCE Roth Staffing Companies

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Trading Technologies achieves high spot in Chartis Buyside Platforms 2024 Rankings

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Firm also earns “strong category leader” status for Energy and Equity Trade Surveillance Solutions in new Chartis Market Quadrants report

CHICAGO, Dec. 23, 2024 /PRNewswire/ — Trading Technologies International, Inc. (TT), a global capital markets technology platform services provider, has earned the number 12 spot in the Chartis Buyside Platforms 2024 ranking of the top 50 providers of buy-side platforms and technology. The report released this month showcases the leading players in financial infrastructure and highlights providers delivering essential services and tools – including trading networks, market data, prime brokerage services and more – to buy-side market participants. The ranking, which Chartis called a testament of the “commitment to delivering exceptional value and innovation” to that community, provides insights into how the companies are shaping the industry with advanced solutions in asset management, risk assessment and operational efficiency.

Separately, in Chartis’ just-released Market Quadrants report, which provides a detailed evaluation of key providers offering advanced surveillance solutions tailored to the unique needs of the energy and equity markets, TT achieved “strong category leader” status for both energy and equity trade surveillance solutions. In both categories, TT received a four-star rank for “Industry Leading Platform Capabilities.” Of particular note, TT earned “industry-leading” four-star rankings across all measures in the equity surveillance category, including analytics and modeling, pre-trade reporting, post-trade reporting, data infrastructure and database management, and data visualization and ease/speed of access capabilities.

TT CEO Keith Todd said: “With a long history of service to the sell side, we have been working diligently to grow our appeal to buy-side market participants, and we’re incredibly honored to have earned in short order a number 12 ranking on a cultivated list of the top 50 service providers in the buy-side sector. It’s a great accomplishment that our broadening of products, asset classes and services available on the TT® platform – including our expansion from futures trade surveillance to a powerful multi-asset offering – are already achieving industry-leading recognition across important measures.”

Handling over 2.5 billion transactions this year, the TT platform connects to more than 100 global exchanges and liquidity venues across a growing number of asset classes. The platform delivers advanced tools for trade execution and order management, market data solutions, analytics, trade surveillance, risk management and infrastructure services to the world’s leading sell-side institutions, buy-side firms and exchanges.

Buy-side participants leverage a wide range of TT tools to meet their trading needs, including a comprehensive suite of advanced execution algorithms, algo design and deployment tools, Autospreader and APIs. Through Abel Noser Solutions, a TT company, market participants employ a wide range of sophisticated transaction cost analysis (TCA) products and services across global equities, foreign exchange, futures, fixed income and options.

In June, the firm launched TT Trade Surveillance, a multi-asset trade surveillance solution combining new multi-asset coverage and dozens of new configurable models to supplement the machine learning-driven models from TT Score, the company’s first-generation trade surveillance platform. TT Trade Surveillance provides enhanced trade surveillance capabilities to a wide range of asset classes, including futures, equities, equity options, fixed income and foreign exchange (FX). The system has also recently added a new, innovative way to identify cross-product manipulation, where users can input correlated instruments directly into the user interface to create a single synthetic instrument, and utilize the machine-learning spoofing models to identify patterns of spoofing activity across multiple order books.

With this recognition, TT has now been honored globally and regionally 14 times this year for the TT platform, trade surveillance capabilities, algorithmic trading solution, TCA tool, execution management system (EMS), order management system (OMS) and market data services.

About Trading Technologies

Trading Technologies (www.tradingtechnologies.com) is a Software-as-a-Service (SaaS) technology platform provider to the global capital markets industry. The company’s award-winning TT® platform connects to the world’s major international exchanges and liquidity venues in listed derivatives alongside a growing number of asset classes, including fixed income, foreign exchange (FX) and cryptocurrencies. The TT platform delivers advanced tools for trade execution and order management, market data solutions, analytics, trade surveillance, risk management, clearing, post-trade allocation and infrastructure services to the world’s leading sell-side institutions, buy-side firms and exchanges. The company’s blue-chip client base includes the Tier 1 banks as well as brokers, money managers, hedge funds, proprietary traders, Commodity Trading Advisors (CTAs), commercial hedgers and risk managers. These firms rely on the TT ecosystem to manage their end-to-end trading operations. In addition, exchanges utilize TT’s technology to deliver innovative solutions to their market participants. TT also strategically partners with technology companies to make their complementary offerings available to Trading Technologies’ global client base through the TT ecosystem.

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SOURCE Trading Technologies

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