BREAKING PROPERTY NEWS – 31/08/2022
Daily bite-sized proptech and property news in partnership with Proptech-X.
BusinessCloud: Revealing UK’s PropTech 50 for 2022
BusinessCloud can reveal its PropTech 50 innovation ranking for 2022.
Readers of the online technology publication and an independent judging panel have together decided the 50 companies blazing a technology trail in the property sector.
The PropTech 50, brought to you in association with OBI – provider of inspiring workspaces to make businesses more successful – celebrates businesses of all sizes creating original tech for real estate, construction, the built environment and building management.
Modulous, an AI platform for design of sustainable homes, tops the ranking.
Fellow London companies Plentific, Coadjute and essensys make the top four ahead of Luton-based Moovshack, an app for managing the property journey from search to moving in – both for home movers and agents.
Adaptive management reporting software fu3e (London) is seventh. The platform is described as the umbrella above existing management software and is used by real estate funds, asset owners, developers and professional consultants.
Altuity Solutions, which creates facilities management and underground asset management software to help create safe and well-maintained buildings and construction sites, crashes into the top 10. The Bristol firm is in eighth spot.
PropertyCard, described as the world’s property super app, is ninth. The London firm’s PropertyCards for homeowners and tenants allow them to manage property payments around sales, rent, utilities, inventory and documents in one place.
Infogrid and Aprao, also based in the capital, also make the top 10.
“The property sector is beginning to embrace technology. The UK is at the forefront of innovation in how we build, sell and manage property,” said OBI founding director Will Lewis.
“From established businesses to game-changing startups, I’m looking forward to seeing what the future holds for these PropTech 50 companies.”
iamproperty acquires SDL Auctions’ estate agency partners portfolio
iamproperty has acquired SDL Auctions’ Estate Agency Partners portfolio in a move that will see over 1000 estate agency branches transition to iamproperty’s partner agent network.
The deal will increase iamproperty’s partner agenyy network to over 4,500 branches, while some of the SDL team will join the company.
Ben Ridgway, MD at iamproperty: “This is another very exciting acquisition and is part of our continued mission to modernise the UK property market, creating solutions which save agents time and support them to drive efficiencies and revenues in their business. The SDL Auctions business aligns not only in our mission and proposition portfolio but in our commitment to service excellence and experience for our Partner Agents. We’re really looking forward to welcoming some new teammates to iamproperty too.”
Jamie Cooke, MD at iamsold: “This acquisition will help us to further accelerate the growth of the Modern Method of Auction as leaders in the space. We’re pleased to welcome our new agents onboard to the iamsold network. We areexcited to build lasting relationships with the agent businesses joining us and to help them further develop their auction offering.”
Andrew Parker, MD at SDL: “We see our area of growth within the market to be through our corporate partnerships, which have already proved to be a success over the last few years. Our deal with iamproperty allows our other Estate Agency partners to continue to be well serviced whilst we continue to grow our business. Our focus is making our customers’ sales journeys as swift and as stress-free as possible. It will be sad to say farewell to our friends and colleagues, but we’re confident that iamproperty will be a great home for them.”
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