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Property Finder divests CRM business PropSpace to focus on core real estate market

PropSpace will now operate as an independent entity.

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Property Finder, a leading property portal in the MENA region, has announced the divestment of its CRM business, PropSpace, as part of its strategy to focus on its core real estate offerings. PropSpace will now operate independently, providing CRM solutions for real estate professionals in the UAE.

Patrick Caulfield, former Managing Director of Arthur Online, has been appointed as the CEO of PropSpace. With experience in leading property management CRMs and mergers in the UK, Caulfield will guide PropSpace into its next growth phase.

“As the real estate industry increasingly relies on digital transformation, the CRM market represents a key driver of operational efficiency for real estate professionals. This transition creates an independent entity to better serve our industry,” said Michael Lahyani, Founder and CEO of Property Finder. “Through this transition, we are giving PropSpace the freedom to innovate and continue its leadership in the CRM space. ”