Real Estate
Abu Dhabi’s Mubadala Joins Property Finder’s $170 Million Fundraise
Dubai’s property market was among the world’s best performers last year.
Photographer: Walaa Alshaer/BloombergDubai-based Property Finder has raised $170 million from investors in the United Arab Emirates, bringing total funding for the classifieds website over recent months to nearly $1 billion.
Abu Dhabi’s Mubadala Investment Co. will invest $75 million, while BECO Capital will allocate $20 million, Property Finder said in a statement. Another unidentified wealth fund will provide the remaining funding, the firm said, without disclosing the name.