{"id":817,"date":"2019-01-03T18:08:36","date_gmt":"2019-01-03T12:38:36","guid":{"rendered":"https:\/\/www.lankapropertyweb.com\/property-news\/?p=817"},"modified":"2019-11-05T14:50:44","modified_gmt":"2019-11-05T09:20:44","slug":"lankapropertyweb-com-acquires-lamudi-lk","status":"publish","type":"post","link":"https:\/\/www.lankapropertyweb.com\/property-news\/lankapropertyweb-com-acquires-lamudi-lk\/","title":{"rendered":"LankaPropertyWeb.com Acquires Lamudi.lk"},"content":{"rendered":"<p>Sri Lanka\u2019s leading property portal <a href=\"https:\/\/www.lankapropertyweb.com\/\" target=\"_blank\" rel=\"noopener\"><strong>LankaPropertyWeb<\/strong><\/a> has announced the acquisition of the country\u2019s no.2 property portal lamudi.lk, firmly establishing the company as the dominant portal in the country. The acquisition includes the lamudi.lk domain and all its listings, plus the local operations of Lamudi Sri Lanka.<\/p>\n<p>With this acquisition, LankaPropertyWeb aims to expand its reach and property portfolio to provide an improved service for property buyers, sellers, renters, real estate agents, and alike. With the combined listings of the two sites, LankaPropertyWeb will now host the largest collection of Sri Lankan property listings and be the de facto website for anyone searching for property in the country.<\/p>\n<p>\u201cWith the exponential growth we have experienced over the past decade, this acquisition is only a natural move. Our intent is to create a single destination for all things property in Sri Lanka and this acquisition helps us achieve that vision,\u201d said Daham Gunaratna; Founder and Managing Director of LankaPropertyWeb.<\/p>\n<p>\u201cOur prime motive is to help property seekers find their property fast and for property sellers and landlords to find buyers and tenants quickly with minimum cost. This is what we have been doing successfully for the past 12 years and will continue to enhance in future. This acquisition now means all agents, developers and individuals who advertise with us are now able to receive more leads and buyers and renters have more options to choose from,\u201d Gunaratna added.<\/p>\n<p>With the combination of the listings and visits, LankaPropertyWeb will have over 25,000 listed properties, over half a million visits a month and over 70,000 leads a month for advertisers. LankaPropertyWeb saw a 61% increase in the number of leads generated between the previous two years and 54% of advertises stated that they sold or rented their properties through LankaPropertyWeb which is statistical proof of the site\u2019s effectiveness.<\/p>\n<p>2018 saw the significant expansion of LankaPropertyWeb\u2019s products with the launch of 2 new products. \u201cBuyer &amp; Seller Assistance\u201d now provides advisory, legal and documentation work that entails buying or selling a property making the property transaction as hassle free as possible. \u201cIdeal Home\u201d \u2013 a portal aimed at giving users access to all products, services and advisory for building and decorating a home was also launched in Q4. The year also culminated in LankaPropertyWeb winning the award for the \u2018Best Digital Integrated Campaign\u2019 for Professional Services category at the SLT Zero-One awards.<\/p>\n<p>In 2019, LankaPropertyWeb is expected to see a significant growth through the facilitation of sales and marketing of new developments by giving developers\u2019 projects the best visibility both locally and with international investors and expats through partnerships, overseas events and with the website\u2019s natural international reach. Enhancing the product to provide more tools and facilities for property seekers and sellers to easily list and find property will also be a key focus this year. LankaPropertyWeb\u2019s latest acquisition is expected to bring more value for advertisers of both sites as the combined visitor base will add more visibility for the ads and property seekers will benefit with the combined ads collection giving them more choices.<\/p>\n<p><a href=\"https:\/\/www.lankapropertyweb.com\/property-news\/wp-content\/uploads\/2019\/01\/1200X628-FACEBOOK-POST-02.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-819\" src=\"https:\/\/www.lankapropertyweb.com\/property-news\/wp-content\/uploads\/2019\/01\/1200X628-FACEBOOK-POST-02-1024x536.png\" alt=\"\" width=\"1024\" height=\"536\" \/><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>About LankaPropertyWeb<\/strong><\/span><\/p>\n<p>LankaPropertyWeb was founded in 2007. Within just over a decade, the company transformed the landscape of the real estate industry by capturing and staying ahead in the market. By accurately identifying the niche and targeting it effectively, securing not only local clientele but global, LankaPropertyWeb has the advantage of being digital.<\/p>\n<p>Leveraging technology to stay ahead in the business, LankaPropertyWeb offers its services to a clientele that was not yet tapped into in 2007 \u2013 the non-newspaper readers, the people constantly on the go, and foreigners and expats who were exploring investing in Sri Lanka, who would not have otherwise had visibility of the investment opportunities in the country.<\/p>\n<p>At LankaPropertyWeb, their mission is to provide the best platform for property seekers and sellers to find and sell their properties quickly and with ease. Excelling in professionalism, integrity and exceptional service in delivering the most astounding standard of solutions tailored to your needs and objectives has contributed to LankaPropertyWeb\u2019s success throughout the years, while it strives to bring in transparency and trust in to the industry and promote the country as an investment destination to global investors.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>About Lamudi <\/strong><\/span><\/p>\n<p>Launched in 2013, Lamudi is a global online property portal focusing exclusively on emerging markets and is backed by German based Rocket Internet. The platform was initially available in 30 countries including Asia, Middle East, Africa and Latin America, with close to a million real estate listings across its global network. Lamudi launched its operations in Sri Lanka in 2014 and quickly rose to become the number 2 property platform in the country.<\/p>\n<p><em><strong>Public Press Release by: Lanka Property Web (Pvt) Ltd.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sri Lanka\u2019s leading property portal LankaPropertyWeb has announced the acquisition of the country\u2019s no.2 property portal lamudi.lk, firmly establishing the company as the dominant portal in the country. The acquisition includes the lamudi.lk domain and all its listings, plus the local operations of Lamudi Sri Lanka. With this acquisition, LankaPropertyWeb aims to expand its reach 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href=\"https:\/\/www.lankapropertyweb.com\/property-news\/category\/property-news\/\" rel=\"category tag\">Property News<\/a>","rttpg_excerpt":"Sri Lanka\u2019s leading property portal LankaPropertyWeb has announced the acquisition of the country\u2019s no.2 property portal lamudi.lk, firmly establishing the company as the dominant portal in the country. The acquisition includes the lamudi.lk domain and all its listings, plus the local operations of Lamudi Sri Lanka. With this acquisition, LankaPropertyWeb aims to expand its reach&hellip;","_links":{"self":[{"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/posts\/817"}],"collection":[{"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/comments?post=817"}],"version-history":[{"count":8,"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/posts\/817\/revisions"}],"predecessor-version":[{"id":1822,"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/posts\/817\/revisions\/1822"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/media\/818"}],"wp:attachment":[{"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/media?parent=817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/categories?post=817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lankapropertyweb.com\/property-news\/wp-json\/wp\/v2\/tags?post=817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}