Global menu

Our global pages

Close

Eversheds Sutherland advises iMENA Group and founders on sale of JRD Group

  • UAE

    15-04-2019

    Eversheds Sutherland has advised iMENA Group, Alex Nicholas and Siddharth Singh (the founders) on the sale of JRD Group to Property Finder. As part of the transaction, iMENA Group will fully exit its investment in JRD Group while Nicholas and Singh will stay on board and become shareholders of Property Finder.

    JRD Group was founded in 2008 as a software enterprise dedicated passionately to innovating real estate technology. Based in Dubai, JRD Group owns and operates real estate portals across the MENA region under the JustProperty.com umbrella and a proprietary enterprise real estate software platform, PropSpace.com, for brokers, property managers and developers.

    The deal is expected to close after customary conditions have been met.

    The Eversheds Sutherland team was led by Dubai-based partner Iwan Walters who was supported by Dubai-based associate Ramzi Noursi.

    To view the full press release – click here.

    For more information contact

    Iwan Walters, Partner
    Ramzi Noursi, Associate

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back

    Print Friendly and PDF
    Register to receive regular updates via email.
    Print Friendly and PDF

    © Eversheds Sutherland 2019. All rights reserved. Eversheds Sutherland is a global provider of legal services operating through various separate and distinct legal entities.

    Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.