Gary Chimwa Future Proptech

FUTURE:PropTech hosts industry moving from ‘acceptance to application’

More than 1,600 property and technology professionals were gathering in London today for the fourth annual FUTURE:PropTech conference and exhibition which has grown rapidly from 2015 when there were 80 delegates.

Today’s event at Business Design Centre in Islington gives visitors from more than 30 countries and 600 companies the chance to hear from 70 expert speakers on two main stages – for residential and commercial – as well as to see demonstrations in an innovation room and to network on the busy exhibition floor of more than 50 stands.

Gary Chimwa, founder of the event, welcomed delegates to the first sessions and said people had flown in overnight from as far as Australia and Brazil and said there was a group of 30 from Lithuania.

Emily Wright, features editor of EG, opened the commercial stage and said the property industry had moved in the past 12 months from “talking to doing…acceptance to application.”

James Dearsley FUTURE PropTech

James Dearsley on the residential stage

Proptech ‘voice’ James Dearsley opened the residential stage with a colourful address warning visitors to take stats about the number of tech companies in real estate with a pinch of salt as the evidence is not knowable. Dearsley said there are more proptech startups in Europe – he estimated 4,000 – than certain venture capital research reports claim there are in the world.

The theme of this year’s event is the digital transformation of the full property life cycle. There are talks on automation, residential sales, data management, responsive cities, modernising Land Registry, innovation in Build to Rent and more.

Future Proptech Growth

PlaceTech is a media partner of FUTURE:PropTech and will be reporting further on the show in the coming days.

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