Lamudi expands operations in Africa and Middle East

Lamudi, an International Real Estate Network has expanded its operations in Africa and the Middle East, as house-hunters in the emerging markets embrace online property search.

A statement issued in Accra by Fidel Amoah, Content Manager said the network is now available in Qatar, Gabon, Angola and the Republic of Congo.

It said the expansion sees Lamudi, expanding its portfolio to cover 32 countries across Asia, Africa, the Middle East and Latin America.

Mr Kian Moini, Lamudi’s Co-Founder and Managing Director, said: “Since we launched in late 2013, Lamudi has grown at breathtaking speed.”

He said the website is present in more than 30 countries in the emerging markets, offering house-hunters from Mozambique to Mexico access to more than 800,000 global property listings.

He said the latest expansion came after a thorough assessment of the state of the property sectors in these four countries.

“In each case, we see thriving real estate industries that are beginning to switch online, creating demand for the high-quality property portal that Lamudi offers,” he added.

It said in the mid-2014, Lamudi released Android and iOS apps in a bid to meet the growing demand for mobile internet services in developing countries.

The statement said the company released its first research report on emerging market real estate in November, with plans to make the project an annual initiative.

Lamudi is now available in countries including Angola, Algeria, Bangladesh, Cameroon, Colombia, Democratic Republic of Congo, Ethiopia, Gabon, Ghana, Indonesia, Ivory Coast, Jordan, Kenya, Mauritius, Madagascar, Mexico, Morocco, Mozambique, Myanmar, Nigeria, Pakistan, and Peru. GNA

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