Archive for November, 2018

Startup MGZN – General Atlantic invests $120M in Dubai’s Property Finder and acquires a stake

Dubai-based company Property Finder, the largest real estate platform in the region, raises $120 million in investment led by the private equity firm General Atlantic. The firm has also acquired a minority stake in Property Finder, although the exact size of the stake wasn’t disclosed, but CEO Micahel Lahyani, mentioned that it comes at a[…]

Dubai’s Property Finder secures $120m in new funding

Property Finder, the Dubai-based real estate classifieds portal, has announced $120 million in investment from its latest investment round led by General Atlantic, a global growth equity firm. The round also included participation from existing shareholder, Vostok New Ventures Ltd, a statement said. Property Finder said it will use part of the funds to deliver[…]

Shapoorji Pallonji’s Dubai tower set for 2019 handover

Shapoorji Pallonji (SP), one of India’s leading construction groups, said the work on its iconic luxury tower, Imperial Avenue, had been 40 per cent completed and was on schedule for handover by December next year. Located in Downtown Dubai, the luxury residential project is being developed by the group’s property unit, Shapoorji Pallonji International Property[…]