2019 is the year Property Technology, or ‘PropTech’, went mainstream.
Real estate companies will see their business models change more over the next 10 years, than they have for the past 100. Agents, developers, property and construction companies, in the Middle East especially, are battling to maintain profit margins amidst tighter government regulation, geopolitical instability and a reduced oil price.
With the rising power of aggregators and the sharing economy, the residential and commercial property value chain is being disrupted, and traditional players are turning to new technological innovations to compete.
Digital transformation will change the way property is bought, sold, rented, designed, built and managed. From streamlining documentation processes and more efficient customer marketing, to allowing tenants to access building amenities through an app. Technology is having a transformative impact across the entire value chain.
With the property market contributing to 17% of GDP per annum, the UAE government is actively driving digitally-based initiatives.
PropIT is the platform for the property ecosystem to debate, discuss and develop ideas.
Get involved with PropIT and make it your most productive business and networking opportunity of the year.
PARTNERSHIPS & CONFERENCE
Rion Breslin, firstname.lastname@example.org , +971 4440 2555
SPONSORSHIP & EXHIBITION SALES
Lyndon Smith, email@example.com , +971 4440 2540
Teresa Cherukara, firstname.lastname@example.org , +971 4 440 2508
Prima Castelino, email@example.com, +971 4 440 2535