Permira and Blackstone Inject $525 Million into Dubai’s Property Finder
Permira and Blackstone Inject $525 Million into Dubai’s Property Finder
A Strategic Deal Reflecting the Strength of Dubai’s Real Estate Market
Global investment firms Permira and Blackstone Inc. have announced the acquisition of a minority stake in leading real estate platform Property Finder, through a major investment worth $525 million.
This deal underscores the growing confidence of international investors in Dubai’s real estate market, which continues to thrive and expand rapidly.
General Atlantic Remains a Key Partner
As part of the agreement, General Atlantic, which has been an investor in Property Finder since 2018, will reduce part of its shareholding but remain a significant minority shareholder.
This ensures the company will continue to benefit from General Atlantic’s expertise and long-term strategic support.
Driving Regional Expansion for Property Finder
With the backing of three global investment giants—Permira, Blackstone, and General Atlantic—Property Finder is set to enter a new phase of growth, targeting markets across the Middle East and North Africa (MENA).
This investment strengthens the platform’s position as one of the most influential digital real estate companies in the region.
Permira’s First Investment in the Middle East
Although the company’s new valuation has not been disclosed, the deal remains subject to regulatory approval.
This marks Permira’s first-ever investment in the Middle East, following the recent opening of its office at the Dubai International Financial Centre (DIFC).
A Promising Future for Dubai’s Real Estate Sector
As international interest continues to rise, this transaction confirms Dubai’s status as a global real estate hub, supported by strong government initiatives and world-class infrastructure, making it a prime destination for global capital.