FBR Solutions buys RTS
ByAinvest
Wednesday, Jul 9, 2025 12:30 pm ET1min read
FBR Solutions buys RTS
July 2, 2025FBR Solutions, a leading financial technology company, has announced the acquisition of RTS, a prominent real estate tech firm. This strategic move aims to bolster FBR Solutions' capabilities in the real estate sector and expand its service offerings to clients.
The acquisition comes amidst significant changes in Pakistan's tax policies, particularly for Overseas Pakistanis. The Federal Board of Revenue (FBR) has recently announced major tax relief measures, including reduced Filer rates for property purchases and sales, as well as the establishment of Special Facilitation Desks in major cities to support Overseas Pakistanis [1].
FBR Solutions' acquisition of RTS is expected to leverage RTS's expertise in real estate technology to provide innovative solutions to clients. The integration of RTS's technology and services will enable FBR Solutions to offer a more comprehensive suite of financial and real estate services.
"This acquisition is a significant step forward for FBR Solutions," said the company's CEO. "RTS's technology and expertise in the real estate sector will greatly enhance our capabilities and allow us to better serve our clients in this rapidly evolving market."
The acquisition is also seen as a response to the growing demand for digital solutions in the real estate sector, driven by the increasing adoption of technology in property transactions. FBR Solutions aims to capitalize on this trend by providing clients with cutting-edge tools and services.
The acquisition is subject to regulatory approval and is expected to close in the coming months. FBR Solutions has not disclosed the financial terms of the deal.
References:
[1] https://ghandharaestate.com/good-news-for-overseas-pakistanis-reduced-fbr-tax-rates-on-property/
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