Property Technology (PropTech) is a fast emerging segment of the technology sector. Traditional PropTech involved the combination of real estate and technology in segments like data centres and technology enabled services within an estate, such as estate-wide Wi-Fi arrangements. Emerging PropTech is disrupting much wider segments of the real estate sector, including property financing through P2P and crowd-funded websites, alternative leasing structures that landlords have created for their mixed-use TMT assets and the technology that enables the internet of things, smart buildings and smart cities.
These developments are increasing the importance of technology for all stakeholders in the real estate sector, from investors, landlords, developers, managing agents through to tenants.
BLP’s technology practice is actively engaged in the PropTech segment; our firm is one of the UK’s pre-eminent law firms in the real estate sector and through this knowledge and experience we are actively engaging with various parts of the PropTech industry. We have acted for investors, landlords, P2P platforms and for technology companies in this industry.
Advised a large London-based property group on an arrangement to implement a Wi-Fi service across its central London business estate.
Advised a company who provide a digital connectivity rating scheme for commercial buildings in London, on all aspects of its corporate set-up and commercial arrangements within the UK.
Advised a property investment company on all aspects of its IT infrastructure requirements.