What Does the Next Phase of PropTech Hold for the Real Estate Industry? With Jack Sibley & Alex Edds
Jul 28, 2021
Summary: In this episode The Propcast talks Jack Sibley from Insurami, and Alex Edds from JLL about the next phase of PropTech and what this means for the real estate industry. We review the last five years and lessons learned, the education gap between VCs and solutions, and what various buzzwords really mean. And we address the hard questions focused around diversity and organisation's strategy!
Key Insights From This Episode
- COVID was a milestone for real estate and the opportunities coming out of COVID for PropTech and for specific types of companies were going to be huge – Jack Sibley
- Sustainability has become so important across the value chain, and now tech innovation is really coming alongside that to drive much quicker results – Alex Edds
- In the last five years the other theme of this discussion is that parallel between sustainability and technology – Jack Sibley
- If you put in the hard yards, what we're now seeing with sustainability and the acceptance of it, there are roles everywhere – Alex Edds
- In the next five years we're hopefully going to see more of that business model innovation, which is what really needs to change, come from within the industry as well as outside – Jack Sibley
About Our Guests
Alex Edds
https://www.linkedin.com/in/alexedds/?originalSubdomain=uk
Alex advises JLL clients in the technological and systematic disruption facing the property industry. Alex is also a board member of the United PropTech Association. Alex’s career history includes serving as head of sustainability at JLL UK and at Nuveen being a Director of Upstream Sustainability Services and a Strategic Adviser to a number of UK PropTech companies. Alex takes pride in challenging the status quo and he says there’s a huge opportunity to improve the built environment by fundamentally changing the way we design, build and manage physical spaces to better serve the people that use them, and the environment upon which they depend
Jack Sibley
https://www.linkedin.com/in/jack-sibley/?originalSubdomain=uk
Jack leads business development and partnerships at Insurami, a fast growing startup at the intersection of PropTech and FinTech. Insurami’s deposit guarantee platform gives landlords the same protection as the traditional cash deposit, while saving tenants over 95% of the upfront deposit costs. Jack previously lead innovation at Nuveen Real Estate, one of the world's largest real estate investment managers, including venture capital, PropTech strategy and portfolio implementation.
About Our Host
Louisa Dickins
https://www.linkedin.com/in/louisa-dickins-ab065392/?originalSubdomain=uk
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 place at the 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.
Resources Mentioned
LMRE website www.lmre.co.uk
UKPA website www.ukpa.com
JLL website www.jll.co.uk
Insurami website www.insurami.com
Nuveen Real Estate wwww.nuveen.com
For full episode transcript head to www.lmre.tech/blog