Fast-growing property portal continues global expansion with Jordan launch

MAY 19, 2014: Leading real estate player Lamudi (www.lamudi.com) is expanding its presence in the Middle East, with the platform launching operations in Jordan this week.

Lamudi is now available in seven new markets across Asia and Africa, with launches also today announced for Sri Lanka, the Ivory Coast, Mozambique, Madagascar, Mauritius and Zimbabwe. This brings the total number of countries where the platform is available to 28.

Lamudi is a global property portal operating exclusively in emerging markets. The company benefits from the resources and local know-how of teams in each of its countries, with support from global headquarters in Berlin.

Lamudi's Co-Founder and Managing Director, Kian Moini, said: "Countries like Jordan have the perfect trifecta for online property: each has a strong real estate market, growing rate of internet usage, and a young and vibrant demographic.

We are expanding our presence in the Middle East because, quite simply, we could see a demand that was not being met. As more people in each of these markets switch online, they want to have access to the same resources that are available elsewhere.

Whether its buying a house in Jordan or renting a villa in Saudi Arabia, Lamudi is helping to meet the growing demand for e-commerce in emerging markets."

Lamudi is already on track to being the number one real estate marketplace in each of its markets. Launched just six months ago, the company now offers 340,000 property listings worldwide across its platforms.

Within the Middle East, Lamudi is currently available in Saudi Arabia, offering a convenient and secure platform to find or list houses, apartments, villas, land and commercial spaces.

Founded in 2013, Lamudi is now operating in Algeria, Bangladesh, Cameroon, Colombia, Ethiopia, Ghana, Indonesia, Ivory Coast, Jordan, Kenya, Mauritius, Madagascar, Mexico, Morocco, Mozambique, Myanmar, Nigeria, Pakistan, Peru, Philippines, Rwanda, Saudi Arabia, Sri Lanka, Tanzania, Tunisia, Uganda, Zambia and Zimbabwe.

For further information please contact Global Communications Director Katy Campbell atkaty.campbell@lamudi.com / 0049 152 09058759

About Lamudi
Lamudi was founded in 2013 and is currently available in 28 countries across Asia, Africa, the Middle East and Latin America. The leading real estate marketplace offers sellers, buyers, landlords and renters a secure and easy-to-use platform to find or list properties online. For more information, please visit www.lamudi.com

© Press Release 2014