Bproperty, a real estate marketplace, announced that it has acquired Lamudi, another online marketplace for property in Bangladesh.
The announcement was made at a press conference at Pan Pacific Sonargaon Hotel in Dhaka on Tuesday.
A press release was also issued in this regard on Tuesday, reports bdnews24.com.
As per the deal, the current services of lamudi.com.bd will be wound down and the clients will be transferred to be served by bproperty.com.
Mark Nosworthy, CEO of bproperty, said: “This deal represents a milestone within real estate in Bangladesh.”
“Bangladesh requires an independent real estate company whose sole objective is to ensure that a secure and complete real estate transaction is finalised.”