Virus signals ‘watershed moment’ for property technology

The opening drinks reception at this year’s FUTURE PropTech in London in May will be co-hosted by PlaceTech and essensys, the provider of mission critical software-as-a-service to the flexible workspace market.

The global data visualisation market is growing by up to $900m a year, and is expected to be worth $9bn by 2026, according to a study.

The MetaProp Accelerator @ Columbia University is the foundation that started MetaProp in 2015 and its Demo Day is the culmination of an intense 22 weeks. 

MetaProp, Prologis, Fifth Wall, WeWork are among the companies due to take part in the first dedicated day for exploring innovation at the annual Cannes property convention.

Great Portland Estates, Patrizia, Revcap and Assura are among the property companies to put money into the European proptech VC’s latest fund, which is on track to exceed £57m this year.

The publicly listed provider of software platforms to the flexible workspace industry has appointed Elizabeth Sandler, ex-Blackstone, and Alexandra Notay of Places for People as independent non-executive directors, with immediate effect.

Bespoke branded app producer Padoq and global software supplier to real estate, Altus Group, have joined the property tech companies getting involved with PlaceTech at MIPIM.

IPSX UK, the new property stockmarket, has received approval from the Financial Conduct Authority to launch its second market, aimed at institutional investors only.

Six out of 10 senior executives in the world’s biggest real estate firms believes the rise of platforms that cut out agents and other intermediaries will cause major disruption in the years ahead.