World Property Exchange Group Earmarks Orlando, Florida for Global Headquarters
According to Orlando Economic Partnership the company will build and deploy the world’s first all-digital, patent-pending and government regulated Real Estate Stock Exchange by the end of 2019.
The company recently signed a short-term office lease in downtown Orlando and will be located at 111 North Orange Avenue, Suite 800 as it begins to grow and scale up both its staff and technology platform in Central Florida starting in 2018.
World Property Exchange Group plans to deploy future real estate exchanges in key money center cities like London, Dubai, Hong Kong, Singapore and Tokyo in 2020 and beyond, all controlled and managed from WPE’s Orlando headquarters facility.
The company plans to hire more than 100 people in the next three years, consisting mainly of computer coders, network engineers, data scientists, cyber security experts, economists, mathematicians and key corporate executives.
Company Founder & CEO Michael Gerrity said, “Given Central Florida’s indigenous University of Central Florida tech, real estate, cyber security and banking software talent, coupled with the state of Florida’s zero corporate tax rates, lower cost of doing business and great quality of life, Orlando was the obvious choice to plant our company flag as the best place in the U.S. to build, grow and operate our global real estate investment platform.”
“I am excited for the future prospects of Central Florida’s emerging tech economy and what may become one of the most innovative and significant real estate fintech companies in the world in the coming decade,” said World Property Exchange’s newest Advisory Board member Rebecca York, UCF’s Director of the Dr. P. Phillips Real Estate Institute. “This is just the latest example of Central Florida’s ability to attract and grow cutting edge tech businesses to our market.”
Governor Rick Scott said, “As Florida’s economy continues to grow, we are seeing more companies choose our state as the best place to grow. I welcome World Property Exchange and the 100 new jobs that they plan to create in Orlando. More than 1.4 million jobs have been created in Florida over the last seven years because of job creators like World Property Exchange and our relentless efforts to make Florida the number one place for jobs.”
"Orlando is a City where innovation, creativity and entrepreneurial spirit are some of the most abundant and valuable assets, and what I believe to be the foundation of our continued economic growth,” said Orlando Mayor Buddy Dyer. “The World Property Exchange Group's decision to invest in Orlando as the home of their global headquarters location is a testament to Orlando's strength as a hub for technology, innovation and dynamic economic development."
The Orlando Economic Partnership assisted the company in its strategy to enter the Orlando market and provided market research as well as introductions to key business and education leaders.
“Orlando’s talent, reputation for innovation and outstanding quality of life is attracting companies like WPE to our every-growing market,” said the Partnership’s President & CEO Tim Giuliani. “We welcome the company to our region and are grateful for its contribution to our economy which will help boost our region’s prosperity.”
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