Tag: PropTechMarket

  • 92. immoTable in Uri

    92. immoTable in Uri

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    The event was opened by Landammann and Economics Director Urban Camenzind. In his speech, he explained the positive development of the past few years: “A lot is being invested in a very small area, and private and public investments are mutually beneficial. Examples of this are the development around the new cantonal railway station in Altdorf or the tourism development in Andermatt,” says Camenzind.

    In the following presentation, Christoph Bugnon, Chairman of the Board of Management of Urner Kantonalbank, discussed the important contribution that the company is making with the new service building to the development around the cantonal railway station. Raphael Krucker, CEO of Andermatt Swiss Alps, portrayed tourism development in Andermatt in his presentation.

    Finally, Mario Epp, Uri Business Development Agency, explained the advantages of the Uri economic area: «We have an optimal cost environment, short distances to the decision-makers and are excellently developed, directly on the European north-south axis. In short: the canton of Uri offers the best conditions for entrepreneurial success.»

    The subsequent network aperitif with the construction and real estate industry rounded off the event. The current issue of our magazine «immo!invest» is linked to the event. It aims to show the positive developments in the canton of Uri and to get people interested in Uri as a location.

    We look back with satisfaction on the 92nd immoTable Uri. It was a successful event and we would like to thank all participants. Thanks also go to Monika Schärer for the great moderation and our speakers Urban Camenzind, Christoph Bugnon, Raphael Krucker and Mario Epp for the interesting and stimulating presentations. A big thank you also to our partners Canton Uri, Urner Kantonalbank, eSMART and PropTechMarket.

    On June 16, 2022, the 93rd immoTable Zurich Airport Region will continue in the Eventalm in Rümlang. This will be followed by the 94th immoTable Suisse Romandie on October 6th, 2022 in Lausanne and the 95th immoTable Basel on November 24th, 2022.

  • Data literacy: a no brainer!

    Data literacy: a no brainer!

    “Data is the new gold” – that’s what we’ve been hearing for years. Against the background of an increasing complexity of issues and requirements, data analysts are being recruited in companies across all industries and corresponding teams are being set up. However, data per se does not lead to any solutions. Rather, it is necessary to derive a strategy from it – this not only requires the intelligent linking of data but also appropriate market knowledge and analysis in a specific context.

    How can market needs be better determined and suitable living space developed and built? Digitization has created many possibilities for the planning and construction of real estate. With the appropriate tools – for example from Luucy, Archilyse or PriceHubble, to name just a few – processes and decisions along the entire value chain can be simplified and accelerated: from the acquisition of suitable plots of land, through development and marketing, to the management of the properties. AI-based technology is being used more and more here.

    The “hard facts” are certainly the basis for data-based evaluations. But developers are also increasingly wanting “soft key figures” to supplement their decisions, for example information on the satisfaction of residents. Ultimately, of course, it is the experience that counts – the best decisions are, as is well known, the ones where the “subjective gut feeling” is right. Because even with the best data, it is always the human who decides in the end.

    You can find more impulses on the subject here: https://proptechmarket.net/impulse

  • That was the (PropTech) year …

    That was the (PropTech) year …

    The money seems to be on the street at the moment. A number of well-known financing rounds were closed and numerous seed funding was obtained. In addition to the professional venture capital companies, there were increasingly also corporates who want to cut a piece of the (PropTech) pie here – among other things, to secure appropriate product know-how and digital competence in the company.

    More and more insurance companies and banks have used the past twelve months to build their own “living” ecosystem. What was planned and designed in the “Corona year” 2020 was implemented in 2021 – with the aim of strengthening the company’s own market position, for example in the mortgage business, in real estate marketing or in the area of insurance solutions.

    Mobiliar made the most of the talk with its ecosystem ventures. The insurance company has set up the Liiva joint venture with Raiffeisen, among other things, in order to use this platform to give its customers access to the living ecosystem and to establish a continuous value chain. But Credit Suisse, the mortgage specialist Moneypark and the data specialist PropTech Pricehubble also recently announced their partnership with the aim of creating a service and information platform for homeowners. And for the cantonal banks, who have been on the market for a long time with the newhome.ch platform, real estate is part of their core business. With a substantial participation of three cantonal banks in the PropTech company emonitor, a leader in the digitization of letting and marketing processes, a further step towards the living ecosystem has been taken.

    The past year was also marked by mergers and amalgamations of existing business models – such as the portal and solution provider Flatfox and the management solution Aroov. The announcement of the merger of several real estate portals such as homegate.ch and ImmoScout24 under the Swiss Marketplace Group (SMG) brand, a joint venture between TX Group, Ringier, Mobiliar and General Atlantic, has really hit the mark.

    So it will be exciting to see how things will continue in the new year and what concrete successes we will observe. The basis has been created in many ways, but there is certainly still a lot to be done at the level of organization, restructuring and governance. And the topic of sustainability will probably also be mentioned more often in the new year …

    You can find more impulses at PropTechMarket: https://proptechmarket.net/impulse

  • Learn faster than change

    Learn faster than change

    In contrast to earlier, more linear revolutions, digital change is advancing exponentially. That means, you don’t notice anything for a long time, and suddenly the change is there. In contrast to the film, music or car industries, which were surprised by Netflix, Spotify or Tesla, this development should not be overslept. “And that is exactly why it is particularly worthwhile to invest in innovations and stay on the ball,” said Mario Facchinetti in his presentation at this year’s Swiss ImmoTable in the building arena in Volketswil, Switzerland. The name of his company PropTechMarket stands for technology-driven, new innovations (property technology), which are becoming increasingly important for the real estate industry.

    Technologies should be used where they are superior to humans. Often enough, the change is creeping: “Ten years ago no taxi driver would have expected that a tech company from San Francisco called Uber could ever compete with him. Or to put it quite simply: Nothing remarkable happens for a long time, with many new companies putting themselves in a starting position, collecting data and experience, ”says Facchinetti. So far, no company has succeeded in turning the real estate industry upside down. However, many companies were working on this vision. Now it’s about building experiences faster than digital change advances.

    New technologies are revolutionizing the market: “One can imagine that we will need different skills in the future than we do today,” says Facchinetti. “Many courses are hopelessly out of date. And soon the question arises as to whether it would be better to hire a graduate with a master’s degree or a lateral thinker with a lot of practical know-how. ” Investing in innovation gives you the time to react to new market conditions. There are currently around 7,000 new companies at work around the world who want to win part of the real estate pie. And in contrast to five years ago, these young savages are increasingly receiving risk capital from investors in order to gain a foothold in the industry with competitive prices.

  • Smart new (real) world

    Smart new (real) world

    So what are the areas of competence in which we should operate safely in the future?
    A lot can be subsumed under the term tech knowledge : The increasingly software-based solutions require, among other things, to deal with interface adaptation and web integration. Mastering programming languages could become an individual competitive advantage. No more targeted marketing campaigns without data analytics know-how. And it is certainly not wrong to deal with blockchain technology and terms like DeFi and NFT …

    However, it is not just about technological knowledge itself, but also about the correct use of technology and the new digital possibilities. Cloud-based application programs and virtual team applications are springing up like mushrooms – without conscious effort and targeted handling, these helpers can quickly become time wasters and burnout accelerators. “Ordinary employees” will also have to deal more and more with the topic of cyber security.

    Last but not least, a new understanding of leadership and collaboration is also required. The often traditional hierarchical thinking in the group certainly does not have the potential of a modern leadership model. However, the pure startup peer-to-peer culture without procedural rules is not the golden way either. Above all, it requires mindfulness and participation, sensible autonomy and personal responsibility as well as a new culture of error. Plans and activities must be able to be adapted quickly and flexibly – from this point of view, agile methods are therefore a must in (project) management in the future.

    You can find more impulses here: https://proptechmarket.net/impulse

  • 2. Global Real Estate Run

    2. Global Real Estate Run

    Autumn is approaching with great strides and with it, unfortunately, the time of increasing corona case numbers again. A decentralized team event outdoors provides planning security and does not require a certificate or the associated organizational effort. Companies can register as an entire company or only participate with individual teams. An ideal opportunity for a strategy walk away from the hectic everyday life – or just for a nice chat among work colleagues.

    For this purpose, some companies used the event last spring for additional team building measures and spontaneously organized an aperitif reception, started their own slack channel to strengthen the (international) team spirit or decided to collect waste along the entire route Communicate this good deed through social media. Interested parties can find more impressions of the past event here .

    There are no special requirements for participation, only the will to complete 6 kilometers within 24 hours. Whether jogging or ambitious walking is up to each participant. After registering, the participant receives access to a geotagged app. The route can be chosen freely by the private persons / teams regardless of location.

    With this initiative, the organizers want to draw attention to innovation and sustainability in the real estate industry. Everyone can contribute to this. Because sustainability is not a local but a global issue. Just like the Global Real Estate Run . As a “green” sign, thanks to the main partners Unispace , Immo! Nvest and PropTechMarket , a tree is planted for every kilometer covered.

  • 2. Global Real Estate Run

    2. Global Real Estate Run

    Autumn is approaching with great strides and with it, unfortunately, the time of increasing corona case numbers again. A decentralized team event outdoors provides planning security and does not require a certificate or the associated organizational effort. Companies can register as an entire company or only participate with individual teams. An ideal opportunity for a strategy walk away from the hectic everyday life – or just for a nice chat among work colleagues.

    For this purpose, some companies used the event last spring for additional team building measures and spontaneously organized an aperitif reception, started their own slack channel to strengthen the (international) team spirit or decided to collect waste along the entire route Communicate this good deed through social media. Interested parties can find more impressions of the past event here .

    There are no special requirements for participation, only the will to complete 6 kilometers within 24 hours. Whether jogging or ambitious walking is up to each participant. After registering, the participant receives access to a geotagged app. The route can be chosen freely by the private persons / teams regardless of location.

    With this initiative, the organizers want to draw attention to innovation and sustainability in the real estate industry. Everyone can contribute to this. Because sustainability is not a local but a global issue. Just like the Global Real Estate Run . As a “green” sign, thanks to the main partners Unispace , Immo! Nvest and PropTechMarket , a tree is planted for every kilometer covered.

    Registration and more at: www.globalrealestaterun.com

  • Far superior to drones

    Far superior to drones

    New construction projects can be digitally modeled using drone recordings. With the help of software, the planned object is, so to speak, “inserted” into the property and surroundings images received by the drone. This Building Information Modeling (BIM) creates realistic visualizations of a new building project in two or three-dimensional views. Object-strategic statements can thus be made reliably, quickly and cheaply.

    Drones are also used for construction-related work themselves. One of the most recent applications is the computer-controlled use of drones for painting facades. The flying robotic helpers can be controlled very precisely and can fly very close to a wall. So it is possible to paint facades without work preparation and erection of scaffolding. In addition to saving time, this is also a step forward in terms of safety on the construction site.

    Another area of application is that for inspections and damage tests of buildings and structures – for example the use of drones for roof inspections. Due to the high altitudes and good stabilization in flight, drones can also be used in historic buildings, such as churches. But drones can also be used comfortably and safely to check building cracks, glass damage or hard-to-reach areas. Thanks to the high resolution of the images, even the finest damage can be detected and these images can be saved for later documentation purposes.

    You can find impulses around innovations in the real estate and construction industry here: https://hubs.li/H0RQl480

  • Focus on ecosystems

    Focus on ecosystems

    An ecosystem is basically the interaction between different stakeholders in a defined area of a human need – for example mobility, health or living. The increasing trend towards ecosystems can be seen in different areas of life. Depending on their relationship with the end consumer, the various players in an ecosystem can assume three different roles: that of the “orchestrator”, that of the “implementer” or that of the “enabler”.

    The orchestrator has direct contact with the end customer and takes over the management of the customer interface via a digital B2C platform. Well-known examples are Amazon or Airbnb. Put simply, these companies are responsible for identifying the needs of customers and matching them with the right products and services from companies. In this context, the latter are the implementers – in the “living” ecosystem, for example, providers of PropTech solutions or insurers and banks themselves with their respective products and services. The companies that act as supporters for the other two groups are enablers . These do not come into direct contact with the end consumer. In fact, most companies in an ecosystem are enablers – such as suppliers of product components or software. They form the backbone of the ecosystem, so to speak.

    This interaction is essential in the increasing battle for market share. That is why more and more insurance companies and banks are also participating directly in PropTech companies – among other things, in order to be able to offer their services in a more user-friendly and cost-efficient manner by means of digitizing their own value chain. The extent to which insurers and banks will play the role of orchestrators in the future remains to be seen. What is certain is that you can secure customer interfaces through a functioning ecosystem – because many experts agree: In the future, the focus will be on digital ecosystems.

    You can find more impulses on the topic here: https://proptechmarket.net/impulse

  • Visualization solutions: an emotional stimulus

    Visualization solutions: an emotional stimulus

    Whether renting or selling – the demand for visualization solutions in the real estate and construction industry is increasing noticeably. Depending on whether it is an existing property or a new construction project, different solutions are used. With the former, 360 ° tours are often used – increasingly interactive, with the latter often virtual reality solutions – adapted to the property and the target group.

    Not every buyer or tenant can imagine an empty room furnished. This is where virtual home staging solutions help to make the sparks jump. With this tool, inexpensive condominiums or rental properties can also be designed in a visually appealing way and thus conveyed more quickly. Further solutions enable the virtual inspection of rooms that are yet to be built. Using stand-alone virtual reality glasses, planning errors can be seen virtually and thus avoided later. In addition, planned trades can be inspected together – for example with the client or architect. The "immersion" and actual experience of the premises gives security and a good feeling.

    In addition, there are also complete virtual solutions on the market that digitally map different phases of the real estate cycle: from the outlined project vision and prototyping to visualization concepts for marketing and management.

    You can find an overview of quality-checked visualization solutions here:
    https://proptechmarket.net/tools

  • PropTech: The 3 most important Success Drivers

    PropTech: The 3 most important Success Drivers

    According to the Gartner Hype Cycle, every new technology is initially subject to high or exaggerated expectations. After a “cycle of disappointment” follows a “phase of enlightenment”, from which solutions then arise at a realistically increasing level of productivity. Data science, robots and drones, virtual and augmented reality or artificial intelligence are just a few of these basic technologies. The blockchain is one of the last technological hype triggers. We will see promising developments and use cases in these areas over the next few years.

    The challenge for a PropTech company is to develop a successful business model or product or service with the corresponding problem-solving potential and scalability from one of these basic technologies. In this context one often hears terms like SaaS or DSaaS. “Software as a Service” (SaaS) is a cloud service model in which applications and data are located in the cloud and thus on the PropTech provider's servers. With “Data Science as a Service” (DSaaS), the data supplied to the cloud is processed by the provider, analyzed using an algorithm and fed back to the customer as findings.

    But this is only one side of the coin. The established companies in the real estate industry must also recognize the added value of these products and services and be prepared to pay for them. The driver for real estate entrepreneurs will certainly be the cost and efficiency side, but also or above all the needs of their customers. Anyone who aligns their business model to a megatrend – such as sustainability, big data or future work – is fundamentally not wrong here.

    You can find out more about successful business models here:
    https://proptechmarket.net/loesungen

  • PropTech trend has reached investors

    PropTech trend has reached investors

    A lot of capital is currently flowing into startups. In 2020, over CHF 2 billion flowed into Swiss start-ups. Across Europe, more than 500 million euros per year have recently been invested in startups dedicated to digitizing the real estate industry (source: Swiss Venture Capital Report 2021, European PropTech Trends 2020). In addition to professional venture capital companies, it is increasingly corporate investors and business angels who want to cut a piece of the (PropTech) pie here. This is due, on the one hand, to the situation on the financial markets – keyword negative interest rates – but on the other hand it is certainly also due to the digital transformation and the efforts of companies to secure appropriate product know-how in the company.

    But how does a startup actually define itself? Not every young entrepreneur is automatically a startup entrepreneur. According to the definition of the Swiss Startup Radar, a scalable business model and ambitious growth plans must be in place and the focus must also be on international sales markets. The business model is based on a science and technology-based approach and a focus on innovation. Last but not least: the donors are return-oriented, their investments should pay off.

    Funding generally takes place in different financing rounds. Depending on the development stage, one speaks of seed investments, Series A and Series B financing rounds for the early phases, Series C, D, E, etc. for the later stages – until a possible exit follows at some point, for example through an IPO or the sale to a large investor. An exit is, so to speak, an indicator of the “maturity” of a startup ecosystem and is important for the system’s own dynamism: it produces selling (previous) investors and founders who, in turn, reinvest in new startups or re-establish startups.

    You can read more about innovation strategy and startup financing here:
    https://proptechmarket.net/impulse

  • Global Real Estate Run: Event with follow-up boost

    Global Real Estate Run: Event with follow-up boost

    Almost 1,400 participants from 46 countries and 6 continents ran for the “good cause” and set a sustainable example. With the cultivation of 6,000 trees, one for every kilometer covered, approx. 132 tons of CO2 are offset per year.

    According to the motto “Do good and talk about it”, the organizers thank all participants and look forward to one or the other great additional commitment as part of the running event sponsored by Homegate AG , SPG Intercity Zurich AG and PropTechMarket in Switzerland. Numerous pictures, insights and experiences were shared on the set up social media wall.

    Meno Lammers, founder of the PropTech for Good initiative in the Netherlands, collected a lot of rubbish from the roadside on the 6-kilometer route and thus gave the sustainability initiative its own “green stamp”. Others, on the other hand, used the Global Real Estate Run for their team building and were pleasantly surprised that the team spirit is still absolutely present despite the minimized exchange opportunities during the lockdowns. H&B Real Estate awaited the participating employees in Zurich with a spontaneous Slow Food aperitif and outdoor exchange. BuildingMinds, based in Berlin, used the participation for new employees to not only see their colleagues via virtual collaboration platforms, but also to get to know them personally in corona-compliant teams of two. PriceHubble was represented by 100 employees, friends and families in several countries – in Japan, Tunisia, France, Germany, Italy, Austria, Switzerland, Russia, Ukraine and Singapore. Photos and videos were shared on a dedicated Slack channel, thus reawakening the international team spirit even in times of canceled business flights. However, many participants simply enjoyed the run for themselves, as a short break "to ventilate their heads" and to make room for new ideas.

    More stories and posts at:
    globalrealestaterun.com/socialmediawall

  • New energy solutions at the start

    New energy solutions at the start

    The use of fossil fuels still dominates, especially in the area of heating living space. Thanks to innovative technologies, new climate-friendly alternatives are emerging here – for example, heating with sea thermal systems or the use of waste heat from computers. Both approaches use existing heat sources to heat buildings.

    Lake thermal energy is one of the youngest forms of energy generation and makes use of the lakes as huge heat stores. In summer, the lakes absorb the sun's warmth and give it off slowly. Even when it is below zero, the lake water retains a certain temperature in the depths – ideal for extracting heat from the water in the lower layers and using it as a natural source of heat. The water is then returned to the lake in a cooler condition. This is harmless to the ecosystem and to a certain extent even counteracts climatic warming. With this technology, the largest lake thermal project in Switzerland is successfully launched in Lucerne.

    The Paris startup “Qarnot” takes a different approach and relies on the waste heat from computers. Instead of laboriously cooling computers in large server rooms, they are built into radiators. In this way, data flows in the radiators instead of water. The decentralized computing power is sold to large companies, the digital radiators themselves to private households. After the initial investment, they no longer have any heating costs. The more heat is desired, the more data power is generated. The data is encrypted and is not saved, so it is not possible to trace which data is flowing. The same thing works with hot water boilers – an entire residential complex in Bordeaux has already been equipped with this technology. Due to the increasing amounts of data around the world, the future potential seems enormous.

    Read more about intelligent solutions here:
    https://proptechmarket.net/loesungen

  • What does artificial intelligence have to do with facility management?

    What does artificial intelligence have to do with facility management?

    The topic of artificial intelligence has definitely left its “laboratory status ” behind. AI-based solutions are increasingly being integrated into everyday work. In essence, it is not about the “ learning ” technology itself, but about the data behind it. The technological solution takes over the collection, storage, processing and use of the data entered. The interplay between human and artificial intelligence will be decisive for future innovations. Those companies that use AI sensibly will be prepared for the challenges of the future and will gain decisive competitive advantages.

    AI-based solutions have also found their way into facility management. Building cleaning is a very expensive subject and cleaning agents, energy and time are often used more than necessary – this is not only unecological, but also uneconomical. With the help of artificial intelligence, the use of resources can be optimized and costs can be significantly reduced.

    The Swiss startup Soobr offers a usage-oriented AI solution here. The existing performance and building data are read into the software, whereupon the AI plans the daily tours based on factors such as room distances, room priority, number and duration of cleaning. The occupancy of the individual rooms can also be integrated into the operational planning via room sensors, so that cleaning can be carried out precisely where it is really necessary. The cleaning staff are guided through the respective tours by means of an app on mobile devices, whereby you can feed the AI with feedback and documentation. Dynamic route planning increases efficiency, saves time and money in route planning and increases transparency for data evaluation.

    You can find more about digital helpers in the real estate and construction industry at: https://proptechmarket.net/solutions