Brazil’s housing unicorn Quinto Andar buys Argentina competitor and makes quantum leap in Latin America

The union also aims to make a more robust and complete menu of financial products available to customers. Obtaining real estate credit is one of the main barriers for those who wish to buy a property.

RIO DE JANEIRO, BRAZIL - Brazil's housing platform QuintoAndar, one of the most valuable unicorns in Latin America, announced today (23) the acquisition of the real estate operations of Argentine Navent for an undisclosed amount.

This was the company's fourth acquisition in the year. According to CEO Gabriel Braga, it aims to increase liquidity and accelerate the growth of the real estate ecosystem in Latin America.

Navent is present in the leading economies of the region. It owns Zonaprop (Argentina); Imovelweb, Wimoveis and Union Softwares (Brazil); Plusvalia (Ecuador); Compreoalquile (Panama); Adondevivir and Urbania (Peru); Inmuebles24 (Mexico) and Tokko Broker . . .

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