WATCH: Proptech seeks unique solutions to property companies’ problems
Michael Avery talks to Mark Fairweather, Craig Hean and Laurence Rapp
20 September 2022 - 16:01
byBusiness Day TV
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Through the Covid-19 pandemic, listed property companies have had to get back to basics and focus on the core operating strategies of managing assets, and less on the financial engineering that had caused such over exuberance in markets in the mid-2010s.
While Reits might excel at attracting the right tenants, maximising the information in their leases, and running their businesses smoothly, they also regularly face additional challenges that can hinder their overall success. Miscommunication and general inefficiency can lead to unsatisfied tenants and wasted budgets. With load-shedding ever-present, landlords must also find ways to minimise the effects on their tenants.
The rise of proptech has started to find unique solutions to these challenges and to talk about how data and analytics and technology are converging to propel innovation in Reit-land.
Michael Avery speaks to Mark Fairweather, the MD of MRI Software for Africa; Craig Hean, MD of advisory and transaction services at Excellerate; and Laurence Rapp, CEO of Vukile property Fund.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
BUSINESS WATCH WITH MICHAEL AVERY
WATCH: Proptech seeks unique solutions to property companies’ problems
Michael Avery talks to Mark Fairweather, Craig Hean and Laurence Rapp
Through the Covid-19 pandemic, listed property companies have had to get back to basics and focus on the core operating strategies of managing assets, and less on the financial engineering that had caused such over exuberance in markets in the mid-2010s.
While Reits might excel at attracting the right tenants, maximising the information in their leases, and running their businesses smoothly, they also regularly face additional challenges that can hinder their overall success. Miscommunication and general inefficiency can lead to unsatisfied tenants and wasted budgets. With load-shedding ever-present, landlords must also find ways to minimise the effects on their tenants.
The rise of proptech has started to find unique solutions to these challenges and to talk about how data and analytics and technology are converging to propel innovation in Reit-land.
Michael Avery speaks to Mark Fairweather, the MD of MRI Software for Africa; Craig Hean, MD of advisory and transaction services at Excellerate; and Laurence Rapp, CEO of Vukile property Fund.
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