IFCX secures a strategic investment from Black Spade Capital

Asia's international real estate brokerage holding company IFCX has secured a strategic investment from Black Spade Capital - family office under Lawrence Ho Yau-lung, chairman of Melco International Development (0200).

The partnership will focus on growing international markets, aiming to amplify IFCX's integrated platform.

With this strategic alignment, IFCX expects to drive over US$5 billion (HK$39 billion) in investment from Asia into the Middle East, Vietnam and Thailand real estate over the next five years.

The investment will also accelerate its ambitions in proptech AI, with a focus on building intelligent platforms for digital transactions, predictive market analytics, and investor engagement tools powered by AI and data science, the company said.

IFCX has forged partnerships with leading developers in key markets, including Thailand, Vietnam, Malaysia, the UK, and the Middle East.

Helen Zhong