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Aareon signs agreement to acquire PropTech Apsiyon

Aareon signs agreement to acquire PropTech Apsiyon

Published on 19 Nov 2025
Aareon Group, Europe’s trusted provider of SaaS solutions for the property industry, has signed an agreement to acquire Apsiyon, a fast-growing PropTech company offering digital solutions for property and community management.

Mainz, Germany / Istanbul, Türkiye, 19 November 2025 – Aareon Group, Europe’s trusted provider of SaaS solutions for the property industry, has signed an agreement to acquire Apsiyon, a fast-growing PropTech company offering digital solutions for property and community management. The strategic investment marks an important step in Aareon’s strategy to build on its strong European position and expand into new high-growth markets. 

Founded in 2012, Apsiyon provides software that supports residential communities and property managers across Türkiye. With its best-in-class platform and deep local expertise, the company has become a leading driver of digitalisation in one of Europe’s most dynamic real estate markets. Its founding team, whose vision and entrepreneurship have shaped the business’s success, will continue to lead it through the next phase of growth as part of Aareon. 

“Türkiye is one of Europe’s largest and most dynamic residential real estate markets, shaped by strong fundamentals and a growing demand for digital solutions,” said Harry Thomsen, CEO of Aareon Group. “By partnering with Apsiyon, an innovative company led by a highly talented team, we are combining deep sector expertise with proven technology to help property managers work more efficiently.” 

Kudret Türk, CEO and Co-Founder of Apsiyon, added: “Becoming part of Aareon Group opens new perspectives for Apsiyon. We look forward to combining our market understanding and technological leadership with Aareon’s pan-European know-how and reach to continue delivering real value and innovation for our customers.” 

Closing of the transaction is subject to customary regulatory approvals. 

Apsiyon was advised on the deal by Odin Financial, Aareon Group by Core Finance 

 

About Aareon Group 

Aareon is Europe’s trusted provider of SaaS solutions for the property industry, leading the charge towards a digital future. 

Driven by a passionate commitment to connecting people, processes, and property, Aareon brings the entire sector closer together. Powered by smart software solutions, the Aareon Property Management System enables more efficient management and maintenance of residential and commercial properties - delivering superior digital experiences for everyone involved. In its ongoing pursuit of innovation, Aareon remains a reliable partner to the industry, empowering progress, inspiring positive change, and helping shape sustainable spaces for all. 

 

About Apsiyon 

Founded in 2012 in Istanbul, Apsiyon provides a best-in-class, cloud-native platform for residential community and property management in Türkiye. The platform serves more than 23,000 communities, covering over 1.6 million housing units and more than 4 million residents. Apsiyon offers an all-in-one solution that seamlessly integrates essentials like CRM, ERP, finance, and communication with specialised tools such as online payments and security.  Its offerings are provided through a single platform accessible on the web and via three dedicated applications for managers and residents. 

With its AI-powered capabilities, automated workflows and an expanding suite of value-added services, Apsiyon helps communities operate with great confidence, high efficiency and full transparency. 

 

Published by:

Patrick Ortner, Corporate Communications