Blackstone Inc.
09/09/2025 | Press release | Distributed by Public on 09/09/2025 14:25
Blackstone Growth Announces Strategic Minority Investment in Property Finder
LONDON, UK - 9 September 2025 - Funds managed by Blackstone Growth ("Blackstone") have made a significant minority investment in Property Finder, a leading property classifieds platform in the Middle East and North Africa ("MENA").
The investment is part of a combined total investment of $525 million in the Company led by funds advised by Permira. The combined investment represents a meaningful minority stake and reaffirms Property Finder's position as a market leader and technology innovator in MENA's fast-growing property classifieds market.
Blackstone has strong conviction in the Gulf region's long-term growth prospects, driven by strong economic fundamentals, rapid digital adoption, and a dynamic real estate market. The firm has a proven track record of backing category-leading digital platforms globally, including in the online classifieds sector, where it has partnered with leading businesses, including Adevinta ASA and Scout24 to accelerate growth, enhance technology, and expand market reach.
Read more on the transaction in Bloomberg.
Media Contact
Blackstone
Rebecca Flower
[email protected]
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