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OTP to buy property listings sites

Residential

Photo by Andrey_Popov / Shutterstock.com

OTP Group on Thursday said it will acquire three websites that will make it runner-up on the local online property listings market, according to a report by state news wire MTI.

The acquisition of Koltozzbe.hu, Ujotthon.hu and Startlak.hu is expected to close in March.

The three websites have more than 100,000 listings of properties for sale and rent. The sites get around 1.5 million visits a month.

OTP plans to unify the sites and expand their functions.

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