Commercial Proptech 'Nemo' Officially Enters Retail B2B Market

[Asia Economy Reporter Ryu Tae-min] Commercial proptech company ‘Nemo’ announced on the 28th that it will officially enter the retail B2B market.

Nemo plans to provide differentiated retail B2B services with brokerage capabilities and property inventory share in the commercial real estate market. Nemo has secured a database of about 50,000 properties in the metropolitan area, where franchise brand openings are concentrated. It holds about 14,000 properties in the Gangnam 3 districts alone, and owns about 43,000 commercial properties in Seoul. Nationwide, Nemo manages a database of approximately 60,000 commercial properties.

Having established an independent property database acquisition process, Nemo has built an overwhelming nationwide retail database within two years. Based on Nemo’s comprehensive property surveys and data analysis, it will offer systematic management know-how to provide property search and optimized property recommendation services for retail B2B corporate clients.

Nemo’s retail sector contracts have already surpassed 900 cases. More than 70% of these achievements were made within the past year, demonstrating Nemo’s rapid growth in the retail market. Through this full-scale entry into the B2B market, Nemo plans to create another ‘super-gap’ in the commercial real estate market. Thanks to its retail sector performance, Nemo’s brokerage revenue grew 450% year-on-year, drawing a ‘J-curve’ growth trajectory.

Nemo has also established a dedicated B2B team composed of retail specialist brokers. It aims to secure the number one position in the domestic retail market by continuing its retail sector competitiveness proven through brokerage achievements across various industries, including food and beverage (F&B), convenience stores?which hold a large share in the domestic franchise market?beauty and haircare, services and education, as well as recently high-demand delivery-specialized brands, into its B2B services. Since the end of last year, Nemo has been aggressively recruiting retail specialist brokers to strengthen the B2B team’s capabilities.

Nemo expects the number of clients requesting brokerage contracts in the retail sector to exceed 6,000 per month on average this year. Through continuous growth in brokerage performance, Nemo anticipates driving dominance in the retail sector across industries, regions, and commercial districts, while offering various growth opportunities to its B2B partner companies.

Nemo is a proptech company that launched a commercial real estate information platform in April 2017 with the vision of “making the real estate market transparent and healthy through big data and IT information technology.” In March 2019, it established Nemo Real Estate Brokerage Corporation as a subsidiary and has been conducting R&D on retail brokerage experience to meet users’ fundamental needs by ensuring transparency, accuracy, and promptness of real estate information through its directly acquired property database.

Meanwhile, based on accumulated brokerage data, sales data of each commercial property, and public data, Nemo launched the ‘My Store’ service in December last year. This service allows comparison of sales, floating population, commercial district, and rental price status of stores currently operated or those intended for acquisition, providing practical assistance to store owners and prospective entrepreneurs in store management and operations. Nemo’s commercial real estate big data, uniquely secured in Korea, visualizes ‘contract actual transaction prices’ and is expected to provide reliable commercial district analysis and property proposal consulting services.

A Nemo official stated, “Through Nemo’s full-scale entry into the retail B2B market, which has driven innovation in the real estate industry and market, we hope that companies can entrust all real estate-related tasks to Nemo and focus on growth, thereby contributing to market revitalization.”

This content was produced with the assistance of AI translation services.