R Square Real Estate Brokerage Corporation

Founded in 2009 in Seoul, South Korea, R Square Real Estate Brokerage Corporation operates in the commercial real estate sector, offering a range of services. David Yeom, the founder, has a track record in real estate service provision.RSQUARE is a comprehensive service provider in the commercial real estate sector, offering an integrated suite of solutions designed to address market inefficiencies and enhance transparency. The company's core product offerings include office leasing, logistics center leasing, retail leasing, property management, and asset management, coupled with specialized services in interior design and architecture. RSQUARE aims to simplify the complex real estate lifecycle for its clients by providing a one-stop solution that caters to the diverse needs of businesses looking for commercial spaces. Its client base encompasses a wide range of businesses, from startups seeking office spaces to large corporations requiring custom logistics centers.The revenue structure of RSQUARE is anchored in transactional relationships with its clients, facilitated through various service agreements and consulting engagements. Clients typically engage RSQUARE for comprehensive property services that include office leasing and asset management, resulting in a blend of fees for service rendered. These transactions can involve direct client contracts for leasing agreements and management services, where clients are billed based on the scope of services provided. Additionally, RSQUARE's involvement in sectors such as property management and architectural design contributes to its revenue through project-based pricing and ongoing management fees. This initiative aims to enhance its capabilities in commercial building transactions and fulfillment center brokerage services. The company also intends to expand its workforce to 400 employees by next year as part of its growth strategy. Additionally, RSQUARE is exploring opportunities to enter new markets, specifically targeting Vietnam for further expansion in its real estate offerings, particularly in the interior design sector.

1. Series C

   Nov 15, 2021

   Amount

   $72M

   Investors

   Locked