Qishin Tariq · · 1 min readPatrick Grove now co-founder of luxury real estate platform Estate.co
Patrick Grove, a prolific entrepreneur and the CEO of Southeast Asian investment firm Catcha Group, has added another role under his belt: co-founder of Estate.co.
Patrick Grove has added co-founder of Estate.co to his many hats / Photo credit: Catcha Group
He updated his LinkedIn account with his new role, though the degree of his involvement in the firm has not yet been announced. On April 15, Catcha Group also announced its investment into the startup.
Estate.co enables users to purchase shares of a property, with investment amounts ranging from US$1,000 to US$100,000, and promises returns from rental and capital gains. On its website, the company said Grove has been “investing in luxury real estate for 30 years, with a portfolio worth over US$100 million.”
The investment adds to Catcha Group’s property ventures, which includes Malaysian home rental platform Instahome, where Grove is also listed as a co-founder. Catcha previously divested from real estate site iProperty Group in 2016, selling it to Rupert Murdoch’s REA Group for US$534 million.
See also: After his iProperty and Iflix exits, Patrick Grove starts new proptech venture in Malaysia
Editing by Miguel Cordon and Jaclyn Tiu
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