Co-fondateur - Présidente du conseil d’administration chez Anaxago, Board Member France Fintech
Really enjoyed sharing about real estate and finance with fellow panelists Francesca Carlesi and Cédric O'Neill 🧱, and amazing panel host Ali Paterson at Paris Fintech Forum (Alteir Event) 🏠 Over the past ten years, the real estate and finance industries have undergone significant changes, with some notable advancements in efficiency and innovation. While some have been incremental improvements in certain areas, there have also been a few true leap forwards. 🪟 Regarding #RealEstate : online property listing & data analytics were major improvements in the transaction landscape, making it more accessible, more transparent. Enabling better decision-making and more accurate property valuations. 📱 Then the prop tech industry came along, shaking around the real estate world who had been of the most difficult industry to disrupt. The rise of #proptech companies and their technologies enhanced property operations, tenant experiences, and streamline processes. There also has been a growing focus on sustainable and energy-efficient buildings. Green certifications, such as LEED and BREEAM, have gained prominence, promoting environmentally responsible real estate practices. Now enhanced by government regulation and actions, making it an obligation and I think we’ll see better progress in the next few years on this side. 📈 Regarding finance : of course you have the financial disruption. Financial technology (fintech) companies have disrupted traditional banking and finance by introducing innovative solutions. This includes online lending platforms, mobile payment systems, robo-advisors, and digital wallets, offering greater accessibility and convenience to consumers. And we could also mention blockchain and cryptocurrencies, tokenization of assets, AI and automation but also Open Banking. 🧡 But when you think about them together, real estate and finance, I think the last major evolution goes back to the 90’s when real estate actually entered the financial world, becoming a real financial asset class on the occasion of the big 90’s real estate crisis. Finance and real estate met at that moment to build what we know today as one the most reliable asset class in the world. Of course #proptech, #fintech and all the evolutions we experienced in the last 10 years were mandatory to go forward but the biggest one to come (for me at least) is the role finance and real estate are gonna play in the sustainable development crisis that we are experiencing. Housing, and all the other real estate assets represent a huge issue to be solved and that will only go through a new way of financing real estate, reconsidering margins and the way we build, but also the use of assets, their lifetime cycle. My 2 cents 😆
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11moExcellent takeaways. Thanks for sharing, Caroline