The first project within the framework of the investment partnership between ADQ and Greece to finance investments worth 4 billion euros, which was announced earlier this year.
Disrupt AD will support Blueground to achieve its goal of expanding to 50 cities by 2025
Abu Dhabi, United Arab Emirates: DisruptAD, the investment projects platform of ADQ Holding, has announced its investment in Blueground, a real estate technology company that offers high-quality apartments to tenants globally.
Founded in Athens by its CEO, Alex Chasileftheriou, Blueground is a technology platform that provides users with a seamless experience in renting high-quality apartments in medium and long-term housing options within preferred and desirable neighborhoods by tenants. Since its inception in 2013, Blueground’s business has now grown to include 26 cities across Europe and North America, with a portfolio of nearly 8,000 apartments. Blueground aims to expand its network of apartments by the end of 2025 to reach 35,000 apartments in 50 cities around the world.
Amer Al-Amiri, Head of Venture Capital and Technology Investments at ADQ Holding, said: “Disrupt AD’s investment in Blueground reinforces our commitment to support the basic sectors of the economy, within the framework of the sovereign investment partnership with Greece. It will catalyze the success of new technologies such as The platform developed by Blueground helps accelerate the sustainable development of the Greek economy.With the rapid expansions of the developed real estate markets worldwide, Blueground has promising opportunities, supported by its strong leadership team and its future vision, and this joint cooperation will allow us to unlock growth opportunities in line with With our mission to achieve strong and sustainable financial returns.”
Alex Chasileftheriou, Founder and CEO of Blueground, said: “Disrupt AD’s investment will provide us with an opportunity to continue expanding our portfolio of ready-made apartments across the world, and to reinvent people’s ways of living, by providing high-quality housing on the sites. With a remote working environment that has allowed greater flexibility to the workforce, our platform is supported by professionals looking to find new homes in the city of their choice.”
The Holding Company (ADQ) had launched its investment projects platform, Disrupt ID, in 2021 with the aim of promoting innovation in the field of entrepreneurship. Companies by providing a variety of services in the business incubation period up to the growth stage.
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About “leaked id“
Disrupt AD is a venture platform affiliated with ADQ, whose activities include global direct and multi-stage investments, as well as fund business. Disrupt ID aims to enable innovation through several dedicated funding funds and programmes, covering various stages of development; From business incubation to accelerators.
About Blueground
Blueground is a global real estate technology company that is transforming people’s lives through its curated network of thousands of quality prefabricated homes in preferred locations around the world, by facilitating living in them for a month or more. And provide a platform The technology-enhanced Blueground is a fully digital experience that supports its customers in accessing daily essentials such as apartment cleaning, grocery deliveries, health offers, and more, providing a seamless and integrated experience from start to finish. The company’s head office is located Blueground is located in New York City, and its portfolio includes thousands of apartments in 15 cities around the world, including New York, Los Angeles, San Francisco, Boston, Chicago, Washington, D.C., Denver, Seattle, Austin, Dubai, Istanbul, Paris, London, Vienna and Athens. Blueground plans to expand to 50 cities by 2025. Follow us atFacebookorLinkedInorInstagramorTwitteror visit our website www.theblueground.com
