Clifford Chance

Clifford Chance launches report on proptech’s impact on real estate industry

International law firm Clifford Chance today launched a report looking at the impacts of proptech and how technology will continue to transform the real estate industry from regulation to deal activities and investment, and from sustainability to data privacy.

Based on in-depth discussions with leading players across the office, residential, retail, logistics and investment sectors in the property business, the report, Talking Tech: Real Assets, provides insightful analyses and forecasts on the impact of technology. The report also explores the legal challenges the property industry faces as technology continues to evolve and companies try to adapt and incorporate technology to ensure their business success.

Matt Taylor, Partner and Head of UK PropTech, said:
"Proptech has rapidly shifted from something on the horizon to an integrated part of the property sector. It creates new opportunities and income streams and is inextricably linked with the move from a landlord/tenant relationship to a focus on customer experience. The increased adoption of proptech will throw up new legal dilemmas and businesses need to be prepared for the changes to come."

Adrian Levy, Partner and Co-Head of Global Real Estate Sector, said:
"Over recent years technology has been avidly adopted in the real estate market so that today it is mainstream and an increasingly important part of any property business. We are committed to being at the forefront of this technological revolution and are delighted to launch our report which, through conversations with key industry experts, identifies the role that proptech is playing in shaping the market."