Global event organizer Reed MIDEM and New York tech accelerator MetaProp NYC announced that the second annual MIPIM PropTech Summit – the flagship event of NYC Real Estate Tech Week – will take place November 6, 2018, at The Metropolitan Pavilion at 125 W 18th Street.
The MIPIM PropTech Summit draws real estate leaders and technologists from around the world who are interested in sharing the latest trends and how they will impact the future of their business. Last year, the summit hosted over 800 attendees from more than 500 real estate, tech and investment firms representing 33 countries, to discuss the current state and potential of the real estate technology industry.
“Last year, the consensus was that user experience and data analytics were driving the industry,” said Filippo Rean, Head of Real Estate Markets, Reed MIDEM. “We received overwhelmingly positive feedback, and many commended the wide range of real estate tech covered as well as the combination of real estate industry delegates, the tech community, and public officials. The turn out and success led us to expand this year’s event with a cutting-edge content and a growing exhibition zone. For example, this year’s program will also address topics such as cost efficiency, sustainability and work environment.”
The conversation surrounding data analytics largely focused on the need for increased transparency, converting raw data into insight and delivering it in a palatable way that allows for actionable report creation, trained algorithms that glean better insights and enriched generic data sets.
Silverstein Properties CEO Marty Burger, who delivered the real estate keynote during last year’s summit, noted that people are at the center of every tech-related decision the prolific developer makes “Today, real estate is not about buildings. It’s about people and how they live their lives,” he said. “The industry is starting to look at real estate as a service, both on a commercial and a residential front, and those who embrace tech responsibly and strategically will succeed. If we ignore tech, we jeopardize our position.”
Doug Chambers, Vice President at WeWork, said, “It’s all about the end-user experience. When you walk into a WeWork space, you experience a buzz – that buzz is collaboration happening.” James Patchett, President and CEO of the New York City Economic Development Corp. was one of the prominent public officials that spoke at the event, which also saw representatives from Blackstone Group, AECOM Ventures, Brookfield Asset Management and Thornton Tomasetti participate.
“We had a diverse group of attendees last year. From startups to billion-dollar businesses, from PropTech experts, to people who were learning about PropTech for the first time,” commented Aaron Block, Co-Founder & Managing Director, MetaProp NYC. “Last year, 25 percent of the attendees and exhibitors came from Europe. Bringing these diverse people together is crucial to continued industry growth. The MIPIM PropTech Summit has the power to unite the industry on a global scale, and the best is yet to come.”