Mingtiandi
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Gene King, Director of International Expansion, Ally Logistic Property
Faisal Butt, CEO, Pi Labs
Warehouses are rapidly being transformed from simple sheds to multi-purpose fulfilment centres, with developers and operators rapidly adding new tech systems to meet the needs of e-commerce platforms, according to a trio of experts who will be appearing on MTD TV this week.
Representatives of developer and fund manager ESR, Taiwan builder Ally Logistic Property and UK venture capital firm Pi Labs will be joining in a panel discussion hosted by Mingtiandi on Wednesday, 27 January to discuss how tech firms and logistics real estate companies are working together to better serve the needs of tenants who compete for delivery speed and efficiency.
The COVID-19 pandemic has been a key accelerator of tech adoption by real estate companies in Asia, according to research by Mingtiandi which is set to be released on Tuesday, 19 January.
In a survey conducted last year, some 60 percent of respondents from Mingtiandi’s audience of real estate professionals in the region said that the coronavirus crisis has led them to increase or enhance tech system adoption, in an industry that has long been seen as resistant to change.
The findings on the impact of the health crisis are detailed in “Tech Adoption in Asian Real Estate: The Pandemic Drives Innovation,” a report being launched at an MTD TV in an online event at 10:00 am Hong Kong time.
Mingtiandi
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The change in use of new systems in the region is documented in
Tech Adoption in Asian Real Estate: The Pandemic Drives Innovation, a report set to be released next week, at the first session of Mingtiandi’s proptech forum.
If Asia was a laggard before in terms of proptech adoption, that’s simply no longer the case, says Jonathan Hannam, co-founder and managing partner of Taronga Ventures, which invests in tech companies involved in real estate.
“Asia is urbanising at a much faster rate than the rest of the world, we have a much higher level of construction across all of our markets, which means there’s new development, and new developments all have a greater focus on innovation,” Hannam said.