LankaPropertyWeb's Virtual Expo was a Shining Success

July 6, 2020
Share this Post: 

More and more companies are turning to the virtual world to answer the issues large gatherings pose while the world struggles to develop a vaccine for the COVID-19 virus. One such company is LankaPropertyWeb, the parent to property portal lankapropertyweb.com

This month, the company facilitated a real estate event called the Lanka Property Show 2020 Virtual. The event started on July 3rd at 9 am and continued until midnight on July 5th. It was the 6th annual Lanka Property Show, but the first time held completely online.

Daham Gunaratna, the Managing Director of LankaPropertyWeb, said:

“Since the curfew started in Sri Lanka we had a drop in traffic, but then a sharp increase was recorded since the start of early May. The month of May broke our traffic records for the highest amount of Organic traffic received, which goes on to show that more people are looking at buying or renting properties at the moment. Interestingly there was a 9% increase in overseas traffic during this period, with Europe accounting to 19% of that increase.”

There were more than 15 developments by over 10 developers exhibited at the event where buyers could utilize event-exclusive offers on properties with up to 15% off on current selling prices. Buyers could reserve a property online with just paying a fee through the website’s platform. 

Representatives were available around the clock to better facilitate foreign buyers interested in Sri Lankan property at discount prices.

Gunaratna continued:

“This property show would not only assist overseas buyers to find great property deals in the country but also the savvy local property buyers looking for the best deals they can get in the current market.”

There has been a surge in virtual expos around the world as its a great way to continue business as usual without risking the spread of the deadly virus. This is a trend that is predicted to gain popularity in the near future.

July 6, 2020
Victoria has been writing about property portals and marketplace sites for Online Marketplaces for over 3 years. She is also our resident artist and is responsible for all of the infographic content on the site.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Fotocasa Madrid Buildings
Fotocasa Launches Travel Time Search Tool

The Spanish real estate portal Fotocasa has launched a tool that lets its users search for properties by the time...

Read More
Shutterstock 1965375514 1
Zillow's Listing Pages Get Biggest Overhaul in Five Years

The market-leading U.S. real estate portal Zillow has announced a redesign of its listing pages. According to a press release,...

Read More
Shutterstock 1743401084
CoStar's OnTheMarket Acquisition: Tebb to Remain CEO, Shareholder Questions the Deal

The latest news to come out of Costar's expected acquisition of UK agent-owned portal OnTheMarket has raised a couple of...

Read More
Shutterstock 2200544553
Financial Services Specialist BetterHome Group Increases Shareholding in South African Portal Private Property

The BetterHome Group has increased its shareholding in the South African real estate portal Private Property. According to a report...

Read More

Editor's Pick