US venture capital fund General Atlantic is said to be seeking a 25% to 40% stake in Dutch online property platform Funda.nl.

General Atlantic’s bid for Funda values the platform as a whole at €240m, according to an investigation by the Financieele Dagblad published on Monday.

Estate agents association NVM, which holds 70% of Funda, told the FD it is ‘not at all opportune’ to sell the platform or to take on board another shareholder. ‘Funda is performing very well and there are a lot of parties interested in it one way or another, an NVM spokesman said.

Funda is market leader in the Netherlands for online property sales. The platform attracts 35 million visitors a month and booked operating profit of €11.2m on net turnover of €28m.

General Atlantic has €20bn under management and invests in fast-growing technology companies such as Uber and Airbnb.  It also has a stake in Hemnet, the Swedish version of Funda and has a joint venture with Immoweb of Belgium.

General Atlantic was not available for comment, nor was Funda’s CEO, the FD said.