Propertyfinder Group Invests in Turkish Property Portal Zingat. Propertyfinder Group, property portal in the MENA region bought 16.95 per cent of Zingat, the fastest growing property and information marketing platform in Turkey.
“Zingat has become a key part of Propertyfinder Group’s network,” says Michael Lahyani, Founder and CEO of PFG joins Zingat’s Board of Directors. Propertyfinder Group Invests in Turkish Property Portal Zingat.
Zingat’s Founder and CEO Ahmet Kayhan says, “At Zingat our goal is getting consumers together with the right property professionals using the power of data and information. We established Zingat at the end of 2015 and officially launched our platform in January 2016. Since then, Zingat has become one of the fastest growing property portals in the world by attracting over 6 million monthly visitors and more than 18,000 real estate agents.”
He adds, “Michael and his team, with the help of an impressive list of shareholders, built Propertyfinder Group to be the biggest and strongest real estate portal network in the MENA region. Now, proudly, Zingat has become a key part of that network.”
“We have been closely following Doğuş Group Chairman Ferit F. Sahenk’s vision and ventures into new sectors. We believe this new partnership will prove to be very successful,” says Lahyani, Propertyfinder Group’s founder. “We already knew founders Mehmet Erkek and Ahmet Kayhan from their former start-up, REIDIN in Dubai. We are happy to become a shareholder of Zingat. We will work together to make Zingat the most prominent property portal in Turkey by sharing our experience and resources. We firmly believe in Turkey and Turkey’s stability.”
Husnu Akhan, the CEO of Doğuş Group, commented on PFG’s investment.