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Sunday PropTech Review, 3rd December 2017

POSTED BY   james
December 3, 2017

This week, the week that the Government decided it was the right time to release a 255 page document on the UK Industrial Strategy – take your time with this one; don’t say I didn’t warn you!) I was fortunate to be presenting a keynote in Jakarta, Indonesia, city and a market I thought I had a handle on. Nothing can prepare you for the size of that market and the potential that it brings to the area of real estate technology.

In all the discussions that i have seen while I am over here, one thing is fundamentally clear. Of all the countries I have visited, there is no country more engaged in the technology movement and its impact on transportation and real estate. They seem confident in their vision. It is now time to execute.

With confidence in mind, it is the time of the MetaProp Confidence Index, a pivotal quarterly report looking at the market.

If you are a PropTech Start Up CEO please help by filling out this survey

If you are a PropTech investor (or want to be) please fill out this survey

While talking about reports, last week I shared the PWC report for the US and Canada – if you want to understand the market for next year in Europe look at this link (Thank you Ashley for pointing out)

From offices to imaginariums this podcast is entitled. Antony Slumbers gives his vision once more on the future of our office environments. Imaginariums, a popular phrase used historically is becoming truer every year. Worth a listen

Secondly, no doubt another great discussion from Samantha and Emily(in those top 25 I mentioned earlier – well done Emily, much deserved) with some great guests.

I am putting this in purely because I know these two and am building this e-mail with little internet connection (certainly not enough to listen a podcast!) – that’s what happens when you produce great stuff.

1. This week’s most shared PropTech article: 7 PropTech Trends to look out for in 2018

Remind me not to do this feature if the most shared story of the week gets less than 70 shares! A rather lame post (though the tech selections aren’t too bad) about what to look out for next year.

2. Vertical cities will create a new horizontal layer

We have discussed previously about our cities needing to be more vertical (was discussed a lot in Jakarta actually) but this cause isolation in terms of people engaging with people/businesses/services in distinct silos.

I am finding it increasingly interesting to discuss a new concept around a new horizontal layer of society. If we develop vertically, we also need to develop horizontally to ensure social cohesion and development.

Therefore it is interesting to see that the concept of the horizontal lift is becoming a reality. Not only that but it uses tech from other much lauded ideas of the Hyperloop. Please do read this article and watch the video below to get an understanding of what this all means

3. The Top Influencers in PropTech you need to follow in 2018

It was a privilege to have won this award last year and hence this year I had the good fortune to be a judge instead this year as the LendInvest nominations for Top Influnecer went to an entirely new level.

The UKPA joined LendInvest this year to help them with the judging and the very deserved winner was Dan Hughes of RICS. There was also a Top 10 list generated for the International PropTech influencers too.

Get communicating with and following all of them. There are some great people in there.

4. Augmented Reality and how it will impact city life

A brief but interesting perspective on our future life and saving it all through the use of AR. Imagine no more communication problems because of simultaeonous translation. Imagine no more people getting lost because of augmented vision displaying directions.

A slightly wooly post but nonetheless worth a read.

5. WeWork acquires Meet Up

Two weeks ago WeWork were investing in a wave pool company – making it the forth investment in five months – they are really on an acquisition spree.

This week they have just completed the acquistion of Meet Up, the online platform wanting to make sure we meet up offline. Interestingly Meet Up were always struggling for space and WeWork noticed an increase in events at their building.

Seems a good deal in terms of alignment but I still feel there is a fundamental concern around their brand equity moving forward – should they have a foot into every aspect of our lives?

6. £5.4 million centre built to look at innovation at the heart of the Built Environment

So, on the back of the industrial strategy that I mentioned earlier, we are already starting to see the knock on effects. The University of Cambridge will house the Centre for Digital Built Britain.

The Centre for Digital Built Britain will work in partnership with Government and industry to improve the performance, productivity and safety of construction through the better use of digital technologies

Good move but really, just £5.4million to help innovate the largest asset class in the world????? Baby steps, baby steps

With that, I’m off. Busy day ahead and must go. I have Match of the Day to catch up on.

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