Alexa US$10m investment for country’s real estate dev

Dhaka, Friday   06 December 2019

US$10m investment for country’s real estate dev

 Economy Desk

 Published: 06:22 PM, 24 February 2019  

File Photo

File Photo

Country’s real estate market place would invest US$10 million for the development of real estate industry.

The market place today in an announcement said it secured the investment from its parent company Emerging Markets Property Group (EMPG).

The real estate marketplace facilitates people to sell, buy or rent properties through its innovative online and offline services.

“We are excited to have secured this investment and we have full intentions to build a world-class real estate solution for Bangladesh, ensuring that all Bangladeshi’s have access to the information and advice they require in order to make the right property decision,” said CEO of Mark Nosworthy.

“This investment allows us to strengthen our current services and provide new innovative services to help raise the bar for the entire real estate industry,” he added.

Bproperty currently lists 25,000 properties for sale and rent on its online portal and this new investment will ensure that services are further strengthened and expanded throughout the country.

The growth of the platform will enable easier access to more consumers in Bangladesh. The consumers will not only be able to browse a larger selection of properties but will also have faster access to Bproperty client services and legal advisors to help them make the best decision when looking for a new property.