UAE - Mubahser: Property Finder has raised $170 million in new funding led by Mubadala Investment Company, alongside another UAE sovereign wealth fund and BECO Capital.
The investment anchors Property Finder’s position as the region’s leading property portal and reaffirms its role as a technology innovator in MENA’s fast-growing property classifieds market, according to a press release.
This follows the $525 million investment led by funds advised by Permira, with participation from Blackstone Growth in 2025, bringing total equity raised to nearly $700 million.
Under the latest transaction, Mubadala and the sovereign wealth fund will each invest $75 million.
BECO Capital is set to invest $20 million from its newly launched $250 million Growth Fund I.
Jamie O’Mahony, Chief Financial Officer of Property Finder, said: “As Permira and Blackstone validated our story globally following our early partnership with General Atlantic, this investment affirms that confidence here at home. It accelerates our ambition to build the region’s leading real estate operating system, powered by data, trust and innovation.”
“The addition of two leading UAE sovereign wealth funds further strengthens Property Finder’s institutional shareholder base and aligns the company even more closely with the UAE’s national agenda to build a world-leading digital economy,” he noted.
J.P. Morgan acted as sole placement agent to Property Finder on the transaction. Moelis & Company served as independent financial advisor to Property Finder.
Freshfields LLP was the legal counsel to Property Finder, and Cooley LLP acted as legal counsel to Michael Lahyani.
