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Clifford Chance partners with PropTech start-up platform Concrete VC

16 August 2018

Clifford Chance partners with PropTech start-up platform Concrete VC

Clifford Chance has partnered with Concrete VC, a PropTech start-up platform set up to identify and support the most promising PropTech companies. Concrete's goal is to welcome world-class strategic, investment, and technology partners into the group, and with their help, identify, invest, and help grow the next generation of innovators in the real estate technology and related sectors.

Clifford Chance joins Concrete as its exclusive strategic legal services partner, bringing its extensive expertise and knowledge of the legal technology and property industries.

Concrete currently comprises seven other key strategic members: Seedcamp, Starwood Capital Group, JLL, Fora, Lockton, Hammerson and SEGRO.

Matt Taylor, Head of UK PropTech and Adrian Levy, Co-Head of the Global Real Estate Sector (both Partners at Clifford Chance) are leading a team who are actively tracking innovations in PropTech in order to advise clients on the importance of technology as the fourth industrial revolution sweeps across the sector.

Matt Taylor comments:
"We are delighted to be part of Concrete. Moving PropTech forward is critically important for us, our clients and the property industry in general. Technology is a key focus for Clifford Chance and our recently launched global Tech group gives clients access to specialist advice across key areas such as PropTech, data, IP, AI, fintech, and cyber and regulatory investigations."

Adrian Levy added:
Technology is changing the real estate market and we are committed to being at the forefront of those changes. Joining Concrete provides us with a unique insight into market developments helping us to provide our clients with forward looking legal and commercial advice."

Taylor Wescoatt, Founding Partner of Concrete, said:
"We are excited to be working with a global leader in legal services like Clifford Chance. At least 30% of Real Estate is legals, so it’s critical to have an expert view. Concrete was created to develop the best insight and path forward for startups and global real estate players - and adding a brand like Clifford Chance to our advisory group further solidifies that value proposition. We look forward to continuing to find the best founders in PropTech and making sure they are working with world class partners."

The Clifford Chance partnership with Concrete follows our recent membership of the UK PropTech Association.