FRIDAY Legal Solicitors, the leading business law firm, has recently completed investment agreements between two of the leading IT companies in the private sector residential rental market.
Friday Legal Solicitors acted for the shareholders of Hampstead based, Engage Property Technology Limited in relation to an investment made by City based, Qube Global Software which will assist Engage in the delivery of a fully integrated and comprehensive software portal that can be offered to tenants by large scale residential property landlords within the growing build-to-rent sector.
Engage is a specialist IT company that is experienced in delivering innovative solutions to help organisations within the property sector meet the growing expectations of their customers. The Engage portal, which as a result of this collaboration, will enable private residential landlords and housing associations to deliver super-efficient customer service to their residents.
Qube Global Software is a leading supplier of property and facilities management software throughout the world and has, over the last 40 years, helped thousands of clients, ranging from small investors through to global corporations, manage every aspect of their property portfolios.
Mitesh Patel, Managing Director of Engage, said: “Engage’s partnership with Qube Global Software is pivotal in meeting the growing expectations of renters through innovative customer-focused technology designed specifically for the property sector. As a result, the communication between landlord and resident is empowered, time-consuming administrative processes are automated and residents are provided with all the information and support relevant to their home and neighbourhood.
“Friday Legal’s team of experienced commercial and IT focused solicitors prepared the whole suite of completion documents required in a timely manner to ensure that completion was achieved in the timescale that suited our business. Their assistance and advice throughout was of great value to us and enabled us to make decisions and to agree provisions in a way that offers the very best outcome for the project and its future.”
Friday Legal is an entirely business focused legal practice that regularly acts in relation to major strategic investment documentation and has the experience and teams on hand to ensure that client objectives are met and exceeded on a regular basis.
Douglas Iles, who led on the project for Friday Legal, said “Mitesh Patel and his team at Engage have a very sophisticated product that is in high demand by this market sector and they are leading the way in this software offering. Everybody wants the easiest communication facility available to them and this product and the joint venture investment arrangements will ensure that this is offered to as wide a section of the market as is possible. At Friday Legal we greatly enjoy acting for such innovative and market leading clients and were pleased to have had this opportunity to contribute to what we believe will be a great future for this company.”
Friday Legal Solicitors regularly act in relation to IT Project commercial property development and exploitation. Friday Legal can be contacted at or by telephone 01536 218888.
