The Easter Sunday PropTech Review

POSTED BY   james
April 16, 2017

Firstly, I have to say Happy Easter to you all.

Sunday PropTech Review

Some exciting news coming up in the next few days which I will deal with at the time but for now, the Easter Bunny has come, the kids are already piling into the chocolate and we are getting ready for a walk through our local bluebell wood. Before all that, a look at the very latest news in the world of PropTech.

1. This week’s most shared article: PropTech startup Holiday Crowd closes £290,000 Seed.

Talk of the town this week, more news of PropTech fundraising. This time it’s Holiday Crowd, the company who help customers build a portfolio of shares in holiday rental market properties in amounts upwards of £1,000. As a company, they believe that they are the first to open the holiday rental market up to the wider market. Whereas it was a practice for the wealthy, it is now something that Everyman can invest in and benefit from.

2. IKEA Uses VR Technology To Give Shoppers A New Experience

Flat-pack furniture pioneers, IKEA, have announced the launch of their first experiment into VR. Customers can explore and interact with IKEA kitchen units like never before. Have you ever not been in a kitchen and thought to yourself, ‘I wish I was in a kitchen, right now.’? Well, if you have an HTC Vive, now you can.

3. Featured Article – Future PropTech 2017 – get your tickets now.

Over 600 tickets now sold. Join delegates and speakers from 100’s of leading property companies such as Rightmove, Zoopla, Legal & General Investment Management, Google, NHS Property Services, Barclays, Mishcon de Reya, IPSX, VTS, CBRE, JLL, Qube Global Software, British Land, to name a few…

Digital Transformation will be the main theme of this year’s event. Simply a must attend for any forward thinking professionals that want to understand how they can leverage technology to increase efficiency, improve sales and gain a competitive advantage. Can you really afford Not to be there? Register now.

4. Purple smoke and mirrors

Purplebricks have been running a fairly unapologetic advertising campaign of late, in which, without mincing their words, they attack the traditional property agents.

Simon Shinerock is less than impressed with their approach and in this article, he articulates his displeasure wonderfully. He also provides a few pieces of data that suggest Purplebricks possibly arent’ they’re cracked up to be.
What are your thoughts on this? Do you believe in what they are trying to do or the analysis of what Simon has put together? Email me. Let me know.

5. Has the age of open space come to an end?

I did warn you, this is a roundup of the entire world’s PropTech news and, unless you’re fluent en Francais, you’ll need to get Google to translate this page for you.

But it’s worth it. Through the slightly broken translation lies are very interesting piece, where several big players in real estate tell us why the concept of open-plan is fast becoming a thing of the past.

I particularly like the line; “The irreplaceable benefits of presence are reduced each year with the appearance of technologies…” The open-plan office was designed to aide collaboration; with remote working becoming more and more prevalent, the role of the physical office space is changing.

6. Featured Article – Is Property Crowdfunding Right For Me?

In the 2nd in a series of articles about Property Crowdfunding, The House Crowd present you with an overview of whether Crowdfunding is actually right for you in the first place.

Understanding the risks and differences is paramount to a sector of property investment that is currently seeing huge money pumped in. This article should help you understand it all.

7. Aaron Block takes no prisoners.

I would challenge the chief executives of all the large property corporates and ask them ‘what is your plan to engage with next generation property technology?’ And the ones that don’t have an answer? I would short their stock. Right now.
And he only gets more boisterous from there. American property broker and entrepreneur, Aaron Block, is notorious for telling it how (he thinks) it is, and in this case, he thinks that his company, MetaProp, is the cat’s pajamas.

8. PropTech must focus on solving real issues.

Andrew Miles, Chief Executive of Realla, thinks that it is about time we look ‘at the whole [PropTech] scene with a bit of sanity.’

In one breath he says there are ‘lots of signs that the hubris [of PropTech] has got ahead of itself’, and then in the next, he proffers that ‘nearly all agents and landlords will be heavily using at least one data product and one software system in 2017.’ I’d love to know what you all think of this piece.

9. All my recommended PropTech reads of the week.

As always, I like to list all the articles I have been looking at and reading through this week so here is a complete list in case you want more. Hope you enjoy them…..

Have a great Sunday, I’m off to the bluebells.

Chat soon. James

As always a round up of the very latest PropTech events that could be attending in the future – if you are running any or see one that is missing, please do fill out this form

1. 19th April – The PropTech Den – an investment and pitch event run by Estate Agents Networking UK. This event will be all about mini pitches and so the quick fire format could be interesting if you like the Resi side of the business.

2. 25th April – Concrete VC; Workspace : Further – Following the success of the Build Tech event this will be one worth going to with guests including representatives from Zaha Hadid, Legal & General, British Land, JLL, VTS, Grosvenor, Mosaic, Beringea, ARUP, KPMG, Unilever, Capital & Counties, Localglobe, Passion Capital, Starwood, and a host of great startups innovating in the workspace.

2. 26th AprilWake Up to Blockchain’s Potential – a fantastic panel session held in London. It will no doubt include some Bacon Butties and much needed coffee as hosted by Datshca – well worth attending. Sadly I can’t be there but would have love to have been.

3. 27th April – Construction and Real Estate Tech Event – as I had hoped, there is a lot more movement in this sector at the minute. This will be an interesting event to attend given the themes at play (and the pitch event)

4. 28th – 29th April – Property Investor Show if you are looking to attract property investors, developers or Landlords then this could be a good show to attend. They have both a B2C and B2B audience that could be interesting whether as an exhibitor or as an attendee.

5. 3rd May – SPD Insights; IOT event – SPD always host great events and this one looking at the art and science of our buildings will be a good one to be a fly on the wall at.

6. 3rd May – Conscious Cities – for the more cerebral among you who want to be tested, I must recommend this event. A look at architecture and neuroscience. Not directly PropTech at all but just a really interesting event to attend, listen to, absorb and learn from.

7. 4th May – Future : PropTech – expect between 600-800 people at this event and probably the largest event of its kind here in the UK dedicated to all sides of PropTech. Worth attending for networking as well as education.

8. 10th May – PropTech; The Players and Disruptors. University of Oxford’s Professor Andrew Baum explores why and how expert investors plough billions of pounds into innovations that are changing the way real estate is traded, used and operated. There will be a central presentation and then a panel discussion around the topic. Well worth attending.

9. 11th MayPropteq – No longer on the same day so well worth popping along to for more of a discussion based event.

10. 7th June – SPD Insights; Bricks and Clicks – Another SPD Insights event for you. This time looking at how AR and VR are impacting the sector. 11. 20th June – ULI Tech Conference – Connectivity and digitisation of our cities could see the most rapid impact to urban realm since the industrial revolution with far reaching implications for business and wider society. This conference will explore how emerging technology is influencing our urban environment and take a deep dive into the near future, to understand how digital technology can create the best outcomes for the greatest number of people and deliver resilient cities

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