With the emergence of the Internet, everyone believed that intermediaries in the real estate sector would disappear due to the ease of direct relationships that owners can establish with buyers or tenants. Nothing is further from reality. Technology-based real estate intermediation, known as «Proptech», it grows at a dizzying pace in our country. According to a study conducted by Savills Aguirre Newman and Finnovating, the number of technology companies oriented to real estate has multiplied by four in a year, reaching 203 in the first quarter.
Barcelona Meeting Point (BMP) the most important Spanish real estate show will show the October 25-28 the innovation process that the sector is going through. Among the novelties, there is an acceleration program aimed at "startup" and in which a selection of the ten best will participate, as well as the holding of a congress that aims to respond to the future challenges of new technologies applied to the sector.
The congress will deal with "fintech" real estate, buildings, housing and smart cities; the ConTech & Business Management, listing, searches and market and the future that is looming. The event, in which Alex Edds, co-founder of the Liquid Real Estate Innovation, will include meetings between investors and the 280 exhibiting companies in the show from 21 countries.
The real estate accelerator is an initiative of the Consorci de la Zona Franca de Barcelona (CZFB), organizer of the fair, and has the advice of La Salle Technova. The ten selected "startups" will obtain tools to identify, develop and create market opportunities, while providing them with methods that facilitate the internationalization of business initiatives, as well as encouraging investment and increasing networking with potential corporate partners.
Tribute to Cerdà
The BMP room emulates the Barcelona Eixample district that Ildefonso Cerdà designed with its perfect symmetry of blocks, parallel and perpendicular streets to allow a more sectorized visit to the exhibition of the biggest real estate offer of the moment, both for purchase and rental, as well as know the best financing proposals, in addition to the latest trends and innovations in the real estate sector. Together with this improvement in the experience of the visit, BMP offers professionals activities such as Helicopter flights to have a panoramic view of all the real estate that Barcelona offers, besides enjoying the famous local gastronomy through chef Nandu Jubany, with a Michelin star since 1998.
The role of women in the real estate sector to enhance their participation in a traditionally male sector will be another of the debates, together with the right to housing and the future of the policies associated with facilitating their access, an issue that concerns Pere Navarro, special delegate of the State in the Consorci de la Zona Franca de Barcelona. The Royal Decree 106/2018, of March 9, which regulates the State Housing Plan 2018-2021, has as objectives, among others, to contribute to the increase of the rental housing park and to promote urban and rural rehabilitation and regeneration.
In Navarro's opinion, criteria should be established to ensure the coherence of public and private actions for the promotion and rehabilitation of housing with public policies for economic, social and urban development, with the aim of achieving a significant supply of housing for policies social, with special focus on the different modalities of officially protected housing, which is territorially balanced, adapts to the diversity of personal and family situations, the diversity of functional capacities and the territorial, urban and socioeconomic diversity that justify it. All this without forgetting to give a special attention to groups that suffer exclusion or risk of exclusion, for structural or circumstantial reasons, in the access to the housing market.
An attractive that does not decay
Spain is the ninth most attractive country in the world to invest in the real estate and construction sector, according to consultancy Ernst & Young. The sector recorded an investment of 3,400 million in the third quarter of 2018, a figure 15% higher than the same period last year, according to the Cushman & Wakefield consultancy, and forecasts for the entire year indicate that the Spanish real estate will capture 13,000 million investment. BBVA Research It forecasts that housing investment will grow by 7.8% this year and by 5.5% in 2019.
The sale of homes increased last year in Spain by 14.6% (more than 460,000), registering its highest level since 2008. Until June of this year, 134,196 homes were sold, 12.4% more than in 2017.