STAR BUSINESS REPORT

Bproperty, a real estate solutions provider in Bangladesh, has announced that it will merge with Australian-based Digital Classifieds Group (DCG).

To this end, an agreement was signed between two companies at the office of Bproperty in Dhaka yesterday, according to a press release.

The deal means Bproperty now has access to even more resources to enhance its services, while DCG substantially grows its footprint in frontier markets, it said.

DCG has built dominant property classifieds in frontier markets since 2009, and is operating in Cambodia, Papua New Guinea, Laos and Fiji, under a joint venture with FazWaz Group, a Thailand-based property technology firm.

Bproperty is creating a secure property marketplace where sellers, buyers, landlords, and tenants can safely engage in a streamlined and transparent process to achieve their goals, the press release added.