Jul 30, 2020
The Propcast
Episode 10
Title: Real Estate, Tech Collaboration and US
Launching with Real Estate with Oli Farago and Richard Croft
Summary: We talk to Richard Croft (M7 Real
Estate) and Oli Farago (Coyote Software) about Real Estate Tech
Collaboration, and US Launching.
The Propcast is by Louisa Dickins, Co-Founder of LMRE the
leading Global PropTech recruiter brought to you in partnership
with UK PropTech Association, The UK PropTech Association is a
membership organisation to drive the digital transformation of the
property industry.
This show will focus on connecting the Proptechs, real estate
funds and VC’s globally…and get everyone talking about innovation
of the built environment.
About Our Host
Louisa Dickins
Louisa started her career in property working at a well-known
estate agency in London. Realising her people skills, she moved
over to Lloyd May to pursue a career in recruitment. She now is a
Director at LMRE, who are a specialist recruitment firm driven by
PropTech and recruitment professionals, and Louisa oversees their 5
core areas. Louisa co-founded LMRE and provides a constructive
recruitment platform to the new disruptors in real estate. Louisa
is also on the board of Directors at UK PropTech Association
(UKPA).
About LMRE
LMRE believe there is a better way to recruit. LMRE focus on a
more comprehensive, client led focus delivering exceptional talent
to the right place at the right time. They are passionate about the
industry and passionate about people's careers. LMRE spend time
with each client to become and an extension of the business, and
their transparency and core values help them grow with the sector.
LMRE simplify recruitment and innovate with our clients and evolve
the people driven, PropTech community.
About Our Guests
Richard Croft
Richard is the Executive Chairman for M7 Real Estate. He is
responsible for the strategic direction of the company, capital
raising and leads the real estate fund management function. In this
capacity he sits on the GP board and Investment Committees of all
of M7’s funds in addition to numerous other M7’s JV boards.
Prior to co-founding M7 Real Estate in April 2009, Richard
founded Halverton REIM LLP (subsequently GPT Halverton), a European
real estate fund management business which was sold to The GPT
Group (an Australian listed property trust) in July 2007. From 2005
to early 2009 Richard was CEO of GPT Halverton which at the time of
sale employed circa 180 people across ten European offices and
managed €2 billion of assets. Before his time at Halverton, Richard
was International Investment Director of Property Fund Management
PLC (now Valad), and was responsible for setting up their
international infrastructure, including offices in Amsterdam,
Paris, Berlin, Warsaw, Copenhagen and Madrid. Richard has been
involved in over €8 billion of transactions across the UK and
Europe during his 26 years of real estate experience.
In addition to his duties at M7, Richard is a Non-Executive
Director of IPSX (the International Property Securities Exchange).
He is a member of the Global Real Estate Institute and a regular
speaker at conferences across Europe covering real estate and
economic topics. Richard is a supporter of several charities and
foundations and is actively involved The Suffolk Community
Foundation and Shout About Suffolk.
Oli Farago
Oli is the CEO and Co-Founder of Coyote. He has been
fundamental in scoping, designing and developing Coyote since its
beginning in 2009. In fact, for the first three years of Coyote’s
journey, he wrote every line of code himself. Prior to Coyote, Oli
was one of the founding partners and CTO of M7 Real Estate.
Oli has now been at the forefront of Real Estate technology
for over 12 years. Oli spends his day working with a team of 37 on
everything from the strategic growth and direction of the company,
helping design new product features / functionality to demoing the
platform and onboarding new clients. When Oli is not busy with
Coyote or his family, he loves scuba diving and flying
helicopters.
Resources
LMRE website www.lmre.co.uk
UKPA www.ukpa.com
Coyote Software www.coyote.co.ukwww.coyote.io
M7 Real Estate www.m7re.eu
Insights from this Episode
Our view is that we think technology is going to change real
estate investing – Richard Croft
the industry is changing. The industry is becoming more
accepting of technology, and the technology can improve the way
that we do things – Richard Croft
We are just now entering into the period where I think people
are really starting to commit to major projects of digital
transformation – Oli Farago
They used to say that there were three rules to investing in
real estate, which was location, location, location. I think that's
changing, and is becoming space, space and connectivity. I think
long term, it's going to cause a massive acceleration in adoption
across the board. It is from networking that you make
relationships, and through work relationships that you build
businesses – Richard Croft
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