Altus Group Limited has announced significant changes to its senior leadership structure following the conclusion of a comprehensive strategic review. Jim Hannon, the company's Chief Executive Officer and Director, has departed his roles with immediate effect. The commercial real estate intelligence provider, trading on the TSX as AIF, simultaneously appointed former CEO Mike Gordon as Executive Chair. Mr. Gordon is confirmed to take over the CEO position fully in Q1 2026. Current Chair Raymond Mikulich is stepping down but will retain his seat on the Board of Directors.
Homemove has acquired Home.co.uk, one of the UK’s oldest property portals, to build a free-to-list platform for estate agents. The deal follows Homemove’s £3.8m funding round and aims to connect every part of the moving journey. Home.co.uk will retain its name and benefit from AI-led upgrades, while founders Horton and Shephard stay on as advisers.
The Lab Ventures has closed its €29.1 million Fund II to accelerate investment in early-stage B2B startups across Spain and MENA markets. Focused on sectors including PropTech, HealthTech, and professional services digitisation, the operational VC combines capital with hands-on support in product, engineering, business development, and talent acquisition to help founders scale efficiently.
REItrades has launched its beta phase featuring over $120 million in institutional commercial real estate listings. The new digital marketplace connects sellers directly to vetted institutional buyers through an AI-powered, automated workflow, marking a shift towards a more efficient and data-driven transaction model.
PRYPCO has launched PRYPCO One, Dubai’s first super app for real estate agents. With over 9,000 users, the platform integrates property listings, mortgage pre-qualification, mini-websites, and a gamified rewards system, offering agents smarter tools and faster transactions across the UAE.
Property Finder has secured $250 million in debt financing from Ares Credit Funds to accelerate its growth across the MENA region. The funding will support AI-driven solutions, product innovation, and strategic partnerships while reinforcing the company’s position as the region’s largest property platform.
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