London,
21
October
2019
|
15:09
Europe/London

The launch of the CBRE PropTech Challenge

  • CBRE announces the third edition of the PropTech Challenge a Europe wide competition to seek out the best digital talent capable of revolutionising the real estate sector.
  • The challenge forms part of the CBRE PropTech initiative, a collaborative and open digital innovation platform which focuses on helping to co-create solutions and ensure permanent innovation in the real estate sector.

CBRE, the world’s leading real estate consultancy and services provider, has launched the third edition of the CBRE PropTech Challenge – the first ever competition in Europe to seek out digital talent capable of revolutionising the world of real estate via creative and innovative solutions. CBRE is offering the chance for up-and-coming firms in the sector to promote their projects, benefit from its network, and form part of open discussion via its new platform.

Technology enables users and consumers to engage with real estate for better experiences in how they live, work and play. The competition aims to promote new technologies that offer solutions for how clients can improve their use of data, operational building efficiency, greater productivity and enhanced service delivery. The PropTech Challenge forms part of CBRE's PropTech initiative, a collaborative and open digital innovation platform, which focuses on real estate. This year, it has become an integrated platform with its own blog which will help to generate and consolidate a growing community. This platform will act as a meeting point for the entrepreneurial ecosystem, offering start-ups the chance to promote their PropTech projects and form part of open discussion.

Available across Europe, this tool – designed to build a community, drive learning and develop digital talent – will benefit from engagement across several offices in Germany, Ireland, Italy, Portugal, Spain and UK. This will include informative briefings, regular specialist events, round tables and other initiatives in participating countries. There will also be a Europe-wide competition aimed at finding the best solutions for the sector.

3rd edition of the PropTech Challenge

The PropTech Challenge is celebrating its third edition this year, with the aim of supporting up-and-coming companies that will bring ideas to transform the real estate sector. Also, as with previous editions, the competition is divided into two categories: Idea and Start-up.

Participants will be able to register from today, 21 October until 11 November on the CBRE PropTech website. Participants are invited to enter individually or as a group in the case of start-ups.

Finalists will be selected based on their impact, feasibility and innovation by a judging panel comprising CEOs, stat-up founders, academics, and leading thinkers from across the industry. The winners will have the opportunity to collaborate with CBRE through a fast-track programme that will allow them to develop their projects, win prize money and participate in a series of roadshows across Europe.

Nick Wright, Senior Director Strategic Consulting – Investors,
The PropTech Challenge reinforces CBRE's commitment to innovation and digital transformation within real estate. The competition is a way of tracking emerging technologies and trends which help real estate clients shape their thinking and adoption of new solutions in the fast-changing digital space. It continues to grow, and we are looking forward to building on last year’s number of entries from across emerging technologies and regions
Nick Wright, Senior Director Strategic Consulting – Investors,
Carlos Casado, Head of CBRE PropTech
The CBRE PropTech platform is available to PropTech start-ups and allows them to discuss, develop and accelerate their projects. The aim is to help co-create solutions and ensure permanent innovation. We believe that a community where everyone is able participate is key to attaining disruptive solutions that can provide value for the sector and society as a whole.
Carlos Casado, Head of CBRE PropTech