November 2023 – Kinstellar Gen & Temizer | Özer have successfully advised Property Finder and Zingat on the sale of 100% of Zingat to hepsiemlak, and Property Finder’s subsequent share subscription into hepsiemlak.
The transaction is expected to close after the approval of the Turkish Competition Authority.
Property Finder is the Middle East's largest property portal and was the 100% shareholder of Zingat. Established in 2015, Zingat is one of the largest property portals in Turkey with a wide range of residential and commercial properties listed for rent and sale. Hepsiemlak is one of Turkey's major real estate buying, selling, renting and advertising platforms, under the umbrella of Doğan Holding.
The team was led by Partner Emre Özer, supported by Counsel Mert Elcin, Senior Associate Irmak Seymen Varat and Associate Osman Tuğberk Çakırca, together with our competition team led by Partner Bulut Girgin and Associate Simru Tayfun.