Proptech in 2017 – what’s next?


With the latter half of 2016 showcasing huge financial backing for a multitude of wonderfully diverse Proptech firms, 2017 looks set to be an exciting year for the advancement of property technology.

A plethora of emerging technology for investors, developers, tenants, agents and almost anybody else who has a vested interest in the property industry, has received substantial investment, giving strong indications of the way in which the market is moving.

So what is Proptech?

Proptech is the development of companies using technology to improve the way we interact with the property sector with the aim to help us buy, sell, rent, heat and manage property. Be it residential or commercial.

Simply speaking, what FinTech did for the financial sector – improving customer relationships – Proptech is about to do for the property industry.

Who does it?

Property giant CBRE recognised the market shift and has built a London based team focusing on property acquisition, currently leading within the space it operates.

However, it was the £240m strategic merger of VTS and Hightower, two of the world’s leading property leasing and asset management tech companies, that created a real buzz within the Proptech sector.

There are also a number of innovative day-to-day apps that are taking – or are about to take – the market by storm.

Built-ID has recently attained a £1.1m investment, and is essentially a “Shazam” for the build environment empowering customers to discover project collaborators by simply holding their smartphone up to a building. SPCE is another example still in the fundraising stage. Taking inspiration from Airbnb, SPCE sets out to “revolutionise” the way students find and choose rooms to rent.

The construction industry has arguably seen the biggest rise of industry shaking technologies with automation, integration, speed and safety being the main objectives according to Rebecca Murphy of LendInvest.

From helmets that track the location of a worker to Building Information Modelling (BIM) systems that host a computer-generated image of a build to drones, the construction industry looks set for rapid change over the coming years.

However, James Dearsley of the UK Proptech Association believes human touch is still essential, and that whilst the integration of technology will be vital to future developments, the construction industry is not ready to become fully reliant on automation.

We’re guaranteed to see major changes over the next decade, but for the sake of anticipation: 2017, let’s see what you’ve got in store for us.

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free

Proptech in 2017 – what’s next?

Proptech in 2017 – what’s next?


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.