Robert Hoban parts ways with Space Group

The Irish Times - Thursday - Property - - Property The Market -

News reaches the Block of the de­par­ture of Robert Hoban from Space Prop­erty Group to “pur­sue other busi­ness in­ter­ests”. The sur­prise move by the long­time bright young thing of the es­tate agency world comes on the heels of Space Prop­erty’s re­cent buy-in of UK part­ner All­sop.

Hoban joined Space in 2011 after eight years with Sav­ills Coun­try Homes divi­sion, and whole­heart­edly em­braced the All­sop role of in­dus­try dis­rupter.

Its bar­gain base­ment in-room auc­tion model breathed new life into the mori­bund prop­erty mar­ket, and un­der Hoban’s watch it suc­cess­fully digi­tised the auc­tion room model with its BIDX1 tech­nol­ogy plat­form.

Fol­low­ing the es­ti­mated ¤4mil­lion buy­out of All­sop by Space, which is wholly owned by en­tre­pre­neur Stephen McCarthy, Space is likely to ex­tend the on­line auc­tion busi­ness into the UK via the BIDX1 arm.

Hoban says hehas de­cided to re­main in Ire­land and fo­cus on other op­por­tu­ni­ties in the prop­erty tech area.

“I’m grate­ful for all the learn­ing and ex­pe­ri­ence built up with Space prop­erty, now it’s time to do some­thing on my own. In five years’ time the prop­erty mar­ket will be un­recog­nis­able, and tech­nol­ogy will have a far big­ger im­pact than the in­dus­try re­alises. I have a num­ber of prop­erty tech ideas to ex­plore, and I’m cur­rently work­ing with a few com­pa­nies in this area so in­de­pen­dent con­sul­tancy seemed a nat­u­ral fit.”

Watch this space. Not that one, the Hoban one.

PHO­TO­GRAPH: CYRIL BYRNE

Robert Hoban has left Space Prop­erty Group to “pur­sue other busi­ness in­ter­ests”.

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