The UK’s only major proptech conference and exhibition is dropping proptech from its name as the sector’s focus shifts away from the residential to commercial property markets.
FUTURE Proptech, which has held several successful shows at London’s Design Centre in recent years, is to become CREtech – the acronym referring to ‘commercial real estate technology’ rather than residential.
At the last event, which The Negotiator attended, the show’s audience and exhibitors were heavily orientated to the commercial property sector despite a strong showing from the residential sector.
These included Jonathan Werth of LiFE Ventures, Orla Shields from Get Rentr, Goodlord CEO Williame Reeve, Giraffe 360 founder Mikus Opelts, Dominic Wilson from Pi Labs, CreditLadder CEO Sheraz Dar, One Dome founder Babek Ismayil and Tom Allason, founder of Residently.
The rebrand follows the merger of CREtech and Future Proptech in December last year, which saw the two companies become the ‘global leader in events, research and thought leadership in built world innovation and technology’.
Like many live event organisers in recent months, CREtech has been forced to survive by going online-only and recently held a four-day ‘virtual summit’.
But the merged companies say they are hoping to stage a traditional live event between 28-29 April next year in London, assuming the Covid social distancing rules have dissipated.
Gary Chimwa, who set up FUTURE Proptech in the UK, remains a team member within the new merged organisation.