Property companies risk becoming the “the Blockbusters and Woolworths” of this world if they do not provide opportunities for success, according to the industry’s future leaders.
Insight gathered by EG from a cohort of young professionals – including graduate and young qualified surveyors, consultants, architects, proptech entrepreneurs and lawyers– has revealed a shift in how the industry’s next generation define success and who and what they think will shape it industry-wide.
Property’s emerging talent is just as eager to emulate the success of proptech entrepreneurs as those who have climbed the career ladder in the traditional sense.
Young professionals, when asked to comment on who and what they would like to hear at EG’s Connecting Tomorrow’s Leaders event in July, responded with proptech, and how proptech pioneers would influence the future of the industry.
How technology threatens more traditional methods of surveying also came under the spotlight, with one young surveyor at a major agency wondered whether all proptech initiatives were being encouraged or if some were “being blocked for fear of job losses”.
“How is software and proptech changing the way in which we value buildings?” asked another.
One said property was having a “Napster moment”, in reference to the flunked file-sharing software that eventually paved the way for the successful Apple iTunes.
A proptech company founder wondered whether the “traditional corporate structure was holding rising stars back from becoming the drivers of innovation”.
EG’s Connecting Tomorrow’s Leaders event will be held on Thursday 13 July at The Crystal building, in London’s Royal Victoria Docks. You can secure a free seat at http://forms.egi.co.uk/TomorrowsLeaders
Speakers include William Newton of WiredScore; David Marks of Brockton Capital; Nick Rees, Architectural Director at The Collective; Louise Brooke-Smith of Arcadis; and more.
To send feedback, e-mail Rebecca.Kent@egi.co.uk or tweet @Writer_RKent or @estatesgazette
