IREP Acquires iA SPERRY Stake - Expanding CRE in Asia and Middle East

International Real Estate Partners (IREP), a global powerhouse in integrated facilities management, has acquired a significant equity stake in iA SPERRY Networks. As the exclusive master franchise holder of SPERRY Commercial Global Affiliates across 71 countries in Asia and the Middle East, iA SPERRY now stands stronger with IREP’s backing. This strategic investment reinforces IREP's ambition to lead the region’s commercial real estate market while expanding its influence as a top-tier International Property Consultant (IPC).

India Accelerator’s Vision: Building a Global Real Estate Powerhouse

iA SPERRY Networks was founded by India Accelerator (IA), a prominent startup accelerator and venture capital fund known for nurturing early-stage ventures. IA secured SPERRY’s master franchise rights to expand the brand into international markets. With IREP’s investment, this alliance has emerged as a driving force in transforming commercial real estate across Asia and the Middle East.

Ambitious Expansion Across Key Markets

As part of its aggressive growth strategy, iA SPERRY Networks plans to introduce the SPERRY brand in India and four other countries within the year. This launch is just the beginning of a broader expansion roadmap across multiple international markets. The collaboration between IREP and iA SPERRY will leverage their deep market expertise, extensive corporate relationships, and operational excellence to position SPERRY as a dominant commercial real estate brand.

“This acquisition aligns perfectly with IREP’s vision of building a global force in commercial real estate,” said Kenny McCrae, Chairman & CEO, International Real Estate Partners. “By joining forces with iA SPERRY Networks, we are not only strengthening our footprint across Asia and the Middle East but also delivering unparalleled value to businesses seeking world-class real estate solutions.”

“At India Accelerator, our focus has always been on fostering high-impact collaborations that drive meaningful growth. This partnership with IREP strengthens our commitment to transforming the commercial real estate landscape across Asia and the Middle East, leveraging our combined expertise to build a dynamic and scalable ecosystem. Beyond real estate, this alliance also enables us to expand our core business of funding, mentoring, and co-working across the region while providing our investee companies and ecosystem partners with a pathway to global expansion.” said Ashish Bhatia, Founder & CEO of India Accelerator.

SPERRY Leadership Welcomes Regional Growth

SPERRY Commercial Global Affiliates welcomed the expansion, emphasizing the brand’s commitment to global growth. Mark Hinkins, President of SPERRY Commercial Global Affiliates, stated, “This partnership marks a significant milestone in our mission to expand SPERRY's footprint worldwide. The combined expertise of iA SPERRY Networks and IREP will drive new opportunities and set a high standard for commercial real estate services in Asia and the Middle East.”

Through this investment, IREP underscores its dedication to innovation, strategic growth, and premium service delivery. The partnership not only strengthens SPERRY's presence in new markets but also enhances IREP's integrated real estate and facilities management offerings. Under the leadership of Sam Chopra, a renowned figure in global real estate, iA SPERRY Networks is poised to drive SPERRY’s expansion across Asia and the Middle East.