Take control of your real estate projects’ success with digital expertise

The UK property market had hoped for a “new normal” but it is shaped more than ever by crises and challenges. External factors – such as exploding development costs or dropping property values, to name only a few – are difficult to control.

Alasco, a leading proptech focusing on smart cost and financial management, has specifically taken on this challenge with its first in-person event in London on Thursday 8 December offering a platform for cutting-edge business talk and share digital know-how. Property professionals will benefit from hands-on insights from leading companies such as Marcol, McKinsey, NavigatorCRE, Global Growth Capital and Alasco. See agenda and secure your free ticket.

Cost explosions: difficult to influence but not impossible to manage

The outlook in the property industry is gloomy, and this is due to several factors, including rising building material prices as global transport bottlenecks drive up costs. These cost explosions are weighing particularly heavily on one of the world’s largest industries.

The problem is not new, as costs have often exceeded planned budgets before. As early as 2015, the Hertie School of Governance stated that on average 73% of all construction projects exceed their planned costs. The result? Lower margins, delays and dissatisfied customers. In the recently published MSCI UK Quarterly Property Index, market watchers warn that the UK property market could expect a huge downswing with prices falling up to 30%.

The big problems cannot be eliminated, but the small ones can. Real estate companies in particular can find the best possible solution for themselves by doing their homework in their own financial and cost management. Three challenging factors are crucial; efficiency, transparency and structure.

Time to take control: set your real estate projects up for success with expertise and digital know-how

Speaking of transparency, digital know-how is key to the success of real estate projects. Sharing experiences and connecting best practices and insights at eye level prepares business frontrunners for tackling upcoming business challenges. Alasco, a leading proptech focusing on smart cost and financial management, is bringing together real estate thought leaders and digital disruptors at its first in-person event on 8 December at Fora Space in Soho, London.

Decision makers in real estate and construction will gain exclusive insights from industry frontrunners. Attendees await interactive discussions, inspiring perspectives and hands-on insights from Marcol, McKinsey, NavigatorCRE, Global Growth Capital and Alasco.

Tickets are free but limited, be quick and secure yours now.