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Property Finder raises $170m from Mubadala and UAE sovereign funds
['Rajiv Pillai']
Gulf Business
Image: SuppliedProperty Finder, the Middle East’s property portal, has secured a $170m investment led by Mubadala Investment Company, alongside another UAE sovereign wealth fund and BECO Capital.
General Atlantic, which first invested in Property Finder in 2018, continues to hold a significant shareholding.
Moelis & Company served as independent financial advisor to Property Finder.
Freshfields acted as legal counsel to Property Finder, while Cooley acted as legal counsel to Michael Lahyani.
Read: Dubai’s Property Finder gets new backers in $525m deal