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New proptech advisory service for the property sector

Two of the proptech sector’s key influencers have launched an advisory service to help property companies “understand and overcome” the challenges they are facing as a result of digital transformation.

Proptech commentator James Dearsley and Eddie Holmes, chairman of the UK PropTech Association and formerly investment director at Spire Ventures, announced today that they have joined forces to advise and support the property sector while underpinning the growth of UK proptech companies.

The venture will be anchored by the launch of www.proptechconsult.com and will specialise in market and competitor intelligence, fundraising, acquisition identification and execution, internal innovation and investment management.

Holmes said: “James and I have spent a number of years working to give the proptech sector a voice and we are pleased this is now being heard across the property industry.

“It is apparent to us that the real challenge for the next decade will be faced by property companies who do not have the right people, culture or strategies to take advantage of the opportunities presented by digital transformation.”

Dearsley added: “2017 marks the tipping point in the property industry’s acceptance that technology is here to stay, and the start of a process of enmeshing proptech with property.

“Those businesses that move swiftly, and with appropriate advice, have an enormous opportunity to capitalise on technology that can make them more efficient, but also open up new markets and revenue streams.

“Proptech has bulldozed its way into the consciousness of many property people. However, it is only part of a wider evolution that the property sector is about to undertake in the form of digital transformation. Companies are beginning to rethink their businesses for the digital age.

EG began that journey earlier this year with their rebrand and in bringing proptech more into their core values as a publication. We believe it is only the start, with the wider industry recruiting talent and considering what their businesses will look like over the next 10 years.”

www.egi.co.uk/news/smart-cities-rent-a-agents-deep-sea-living-and-huggable-robots/

To send feedback, e-mail emily.wright@egi.co.uk or tweet @EmilyW_9 or @estatesgazette

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