Credvest, a prominent player in Bangalore’s real estate management sector, has announced a significant acquisition that is poised to reshape the city’s property landscape. The firm, established in 2018 and recognised for its comprehensive real estate management solutions, has acquired Weown, a well-regarded name in Bangalore’s real estate scene for over 12 years. This strategic move marks a crucial milestone for Credvest, enhancing its capabilities and expanding its reach within the competitive real estate market.
Credvest, which has swiftly established itself by addressing diverse real estate needs such as land acquisition, business development, and sales support, has made impressive strides over the past year, serving over 4,000 customers. The company’s latest acquisition of Weown, a veteran in the industry, is set to consolidate its position and broaden its service offerings. Weown brings to the table a robust portfolio that includes over 2,500 community members, more than 20 projects with an aggregate worth of ₹2,000 crore, and approximately 2.3 million square feet of managed space. This acquisition significantly enhances Credvest’s portfolio, providing it with a wealth of experience and established projects that are likely to bolster its market presence.
The integration of Weown’s assets and expertise into Credvest’s operations is expected to drive further growth and operational synergies. The deal not only augments Credvest’s existing real estate projects but also positions it as a formidable entity in Bangalore’s real estate sector. Credvest’s acquisition of Weown underscores its commitment to expanding its footprint and reinforcing its market position through strategic investments and partnerships. This move aligns with Credvest’s growth strategy, aimed at providing enhanced real estate solutions and contributing to the dynamic real estate ecosystem in Bangalore.
