INNOVA4EU signs a contract to help the European Commission to foster Innovation in European SMEs.

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Small and Medium-sized Enterprises that are EU-based or established in a country associated to Horizon 2020 can now get EU funding and support for breakthrough innovation projects with a market-creating potential under revamped SME instrument, which is rolled out as part of the European Innovation Council (EIC) pilot. The SME instrument will boost fast company growth and market-creating innovation thanks to staged funding and ramped up business acceleration services.

Provided with about € 1.6 billion in funding over the period 2018-2020, the SME Instrument will  support groundbreaking innovative ideas for products, services or processes that are ready to conquer global markets. Available to SMEs only, the new scheme offers phased, progressive and complementary support to the development of out-of-the-box ideas.

There are no predefined topics for the SME instrument call; only the most excellent and impactful ideas will receive support.

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INNOVA4EU participa como jurado en los Premios ASPRIMA-SIMA 2019.

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Los Premios ASPRIMA-SIMA son el referente para el reconocimiento público de las mejores iniciativas del sector inmobiliario y se celebran anualmente en el ámbito del Salón Inmobiliario Internacional de Madrid.

Se concederán cuatro Premios Especiales de libre designación por el Jurado, para el profesional destacado del año, y para las mejores iniciativas en regeneración urbana, innovación y mejora de la imagen del sector.

INNOVA4EU formará parte del jurado para el premio especial de mejor iniciativa en innovación.

Para la mejor iniciativa en innovación el premio valorará la aplicación de nuevas tecnologías en todas o cada una de las fases del ciclo de vida inmobiliario (compra, desarrollo y gestión) que potencian y mejoran los procesos, la experiencia del usuario y reducen costes, generando cambios en dichas fases y procesos y afectando a cualquiera de los diferentes actores del mercado (compradores, vendedores, inversores, inmobiliarias, constructores, propietarios...) cambiando la forma de gestionar un inmueble durante su ciclo de vida (diseño, construcción, venta, alquiler, administración...).

INNOVA4EU will help the European Commision to speedup innovation projects sucess

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INNOVA4EU has finally achieved a contract to help the European Commission to foster Innovation projects through Fast Track to Innovation (FTI).

The European Commission will invest €300 million in reducing time to market of truly novel, innovative, competitive and breakthrough ideas, coming from the European industry.

It can help partners to co-create and test breakthrough products, services or business processes that have the potential to revolutionise existing or create entirely new markets.

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INNOVA4EU SE ASOCIA A LA PLATAFORMA ESPAÑOLA DE LA CONSTRUCCION

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INNOVA4EU ha entrado a formar parte del grupo de socios de la Plataforma Española Tecnológica de Construcción (PTEC) con el objetivo de participar en las acciones organizadas por PTEC, aportando INNOVA4EU su amplio conocimiento del mercado inmobiliario y gran experiencia en el desarrollo e implementación de estrategias de innovación y PropTech.

PTEC tiene como objetivo contribuir a la mejora del sector de la construcción a través de la cooperación público-privada en la investigación, el desarrollo y la innovación, llevada a cabo entre empresas, asociaciones empresariales, universidades, centros de investigación, centros tecnológicos y clientes. Se creó en 2004 a imagen de la recién creada Plataforma Tecnológica Europea de la Construcción ECTP y se constituyó en Fundación en 2010. Su estrategia se basa en cuatro ejes principales:

  • La internacionalización de la I+D+i en sus miembros.

  • El impulso a la innovación.

  • La mejora de la imagen del sector a través de la I+D+i.

  • El aumento del número de sus miembros y la mejora del servicio a los mismos.

Los Grupos de trabajo se encargan de la definición y desarrollo de las actividades, en colaboración con la Dirección Gerencia y la Secretaría, y promueven iniciativas para favorecer la participación de los miembros de la PTEC en propuestas I+D+i a nivel nacional e internacional. INNOVA4EU participará en los grupos de trabajo :

  • Posicionamiento del sector en las estrategias de I+D+i.

  • Grupo Estratégico de Transformación Digital del sector construcción.

  • Impulso a la innovación en construcción

  • Energía en el entorno de la construcción

  • Blockchain

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Los Foros de debate promueven la interacción con las Autoridades Públicas y con todos los interesados en la I+D+i en el sector de construcción. Los Talleres se orientan a dar una servicio a los miembros de PTEC en temas relacionados con la I+D+i. Los Documentos preparados por la PTEC están relacionados sobre diferentes aspectos de la I+D+i.

BLOCKCHAIN AND REALESTATE; adoption timeline and applications

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The global real estate market is undergoing a huge blockchain disruption that is changing and improving this huge industry, providing transparency, technology advancements and allowing participation of startups specialized in PropTech.

Blockchain for real estate sector will change the way we do real estate business. We are developing smart contracts, which will enable real estate contracts, escrows, property records (deeds, for example) to be completed and monies distributed without title companies or attorneys. These contracts are often compared to a vending machine concept: You deposit your money, and the machine spits out a product with no human intervention.

In the near future, it may be possible for a homebuyer to buy a home and complete the sale (along with escrow and title insurance) by clicking on a shopping cart on a website. The blockchain will ensure that the buyer gets the title or deed and the seller gets the cash (via a cryptocurrency). The blockchain will also record the title or deed to the appropriate public records, such as a county or similar.

Over time, blockchain adoption can have a broader impact, as it can be linked to public utility services such as smart parking, waste, water, and energy billing, and also enable data-driven city management.

The user-friendly automation of all relevant processes and documentation on a decentralized, blockchain real estate platform could also help by cutting out additional inspection costs, registration and loan fees, as well as property taxes, all enforced by quantifiable smart contracts.

It is also important to note how blockchain uses could potentially revolutionize rental property payments. Cost-efficiency and better decision-making in leasing transactions can be achieved with a shared database, where a whole vertical of stakeholders including owners, tenants and service providers can interact with ownership information, or transaction history in an open, secure way.

There are many barriers to the widespread adoption of blockchain and its related technologies. In order to gain acceptance, all participants need to agree on a consensus protocol, and that is often cumbersome. Processing speed is currently also an issue. Other barriers include regulatory uncertainty, volatility of cryptocurrencies and, most importantly, the accuracy of the databases that underlie blockchain.

Cushman & Wakefield has published a research paper on real estate, blockchain and bitcoin, demonstrating that blockchain technology will be widely adopted in a decade. It anticipates individual applications in the CRE space will develop as the technology matures. Some of the figures and conclusions are shown in this blog.

ESTRATEGIAS DE REVALORIZACION E INNOVACIÓN EN EL SECTOR INMOBILIARIO

INNOVA4EU participará el 15 de Febrero en la  XXXII Promoción del MBA Inmobiliario de la Cátedra Inmobiliaria del IPE explicando las mejores estrategias de innovación en el sector.

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INNOVA4EU presentará las tendencias y el valor de la aplicación de estrategias y medidas de innovación y responsabilidad social corporativa en las inmobiliarias y socimis en España. Se explicarán las estrategias que se aplican actualmente, las ventajas de su aplicación y su valor tangible.

El Master está dirigido a Directivos y profesionales que necesiten conocer las últimas tendencias y exigencias del negocio inmobiliario actual, así como empresarios que buscan orientar sus estrategias hacia el cliente con las que minimizar el riesgo comercial, así como nuevas figuras y alternativas financieras que hagan viable desarrollar nuevos proyectos inmobiliarios.

Publication of the World Green Building Trends 2018 SmartMarket Report, (WGBC)

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The international market for green construction projects has grown significantly in the last 10 years and demand for green building activity is poised to grow in the next three years, according to a new report and industry survey published WGBC andDodge Data & Analytics. The World Green Building Trends 2018 SmartMarket Report indicates an increase in the percentage of industry respondents who expect to do the majority (more than 60%) of their projects green – jumping from 27% in 2018 to almost half (47%) by 2021. The report, based on a global survey of more than 2,000 industry participants including architects, engineers, contractors, owners, specialists/consultants and investors from 86 countries, aims to analyse the level of green activity, the impact of green building practices on business operations, the triggers most likely to spur further green market growth and the challenges that may impede it.

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There is an increased emphasis on social impacts in this study, including increased worker productivity, creating a sense of community and supporting the domestic economy.

Additional key findings from the report include:

  • Globally, rating systems are being used to make better buildings. The research found certification systems are being used to create better performing buildings, yielding marketing and competitive advantages and, providing third party verification that buildings are green.

  • While there has been strong growth in green building projects that are certified under a recognized green building rating system, there has been even stronger growth in green building projects that are not certified.

  • Climate change remains a driver for green building, with 77% of the respondents listing lowering greenhouse gas emissions as an important reason for their organisation to be engaged in green building. In every region the most important environmental reason for green building was reduced energy consumption, which is closely linked to greenhouse gas emissions. 

  • Regulation is driving the take up of green building in South Asia, MENA and South East Asia, while client demand is a key driver among a number of countries with Established GBCs – Australia, North America and Western Europe. Environmental regulation is the strongest driver in the UK and Ireland.

  • Overall, the barriers to green building have declined over time although cost is still a concern.  The research showed that as part of the business case for green building, industry expects an increase in savings in operational costs within five years. 

  • The social benefits of green building have been growing as a driver, particularly occupant health and wellbeing, which reflects the importance of people in the built environment.

  • Commercial construction remains the strongest sector for green building, however new high-rise residential building has also seen increases in green projects since 2015.

The report compares data from the latest study (2018) to previous ones in the series (2012 and 2015), analyzing the level of green activity, the benenfits of building green, the triggers most likely to spur further green market growth and the challenges that may impede it.

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INNOVA4EU WILL HELP THE EUROPEAN COMMISSION TO ACHIEVE ZERO ENERGY BUILDINGS GOALS

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The European Commission has invited INNOVA4EU to define the most appropiate innovation strategies to foster near zero energy buildings.

All buildings must achieve "nearly zero energy" by end of 2020 (end of 2018 for public buildings), thus the European Commission has to encourage "plus energy buildings" to reduce overall energy use and increase share of renewables.

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One of the main barriers is the costs of plus energy buildings, thus the industry needs to deliver affordable solutions to meet these targets.

Energy efficiency in the built environment cannot be solved on a Member State scale: novel technologies and systemic solutions are needed, which are optimised leveraging on research at EU scale, but customised at local scale.

INNOVA4EU will help the European Commission to evaluate technical solutions to accelerate market uptake and implementation in cities.

Solutions will target, but are not limited to: smart control systems, materials, new designs, renewable energy sources and building/district management controls.

INNOVA4EU moderará la sesión ST-8 Experiencias renovación urbana en CONAMA

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Nuestro director de Estrategias de Innovación y Sostenibilidad, Carlos Bello moderará la sesión  ST-8 Experiencias renovación urbana en CONAMA el Jueves 29 de Noviembre.

La sesión se enfoca en la ciudad construida como resultado de transformaciones urbanísticas y sociales que han ido definiendo el espacio en el que vivimos. Sin embargo, el urbanismo actual debe crear un nuevo modelo de población que mejore la calidad de vida de los que la habitan y que dé respuesta a los retos que supone el cambio climático, adaptando la ciudad existente a la medida de las personas que viven en ella y transformándola en un espacio inclusivo, seguro, de proximidad y autosuficiente para todos sus habitantes. Con esta actividad se pretende conocer un poco mejor algunos de los proyectos que harán posible este proceso de renovación.

El programa se confecciona con la aportación de una red de profesionales y entidades colaboradoras. INNOVA4EU fue invitada a participar en las reuniones de trabajo de preparación de la sesión por su dilatada experiencia en sostenibilidad y proyectos de innovación relacionados con la transformación de las ciudades.

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Para asistir gratuitamente a la sesión contactar enviando  un correo a info@innova4eu.com para el envío del pase gratuito, antes del 20 de Noviembre.

Abiertas las inscripciones a los talleres de Sostenibilidad e Innovación en el sector inmobiliario

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INNOVA4EU participará el Martes 27 de Noviembre del 2018 de 12:00 a 14:30 con dos conferencias en CONAMA, enfocadas a las tendencias de innovación y sostenibilidad en el sector inmobiliario en España y la obtención de ayudas para subvencionar proyectos de innovación.

Los interesados pueden apuntarse a los talleres en los siguientes enlaces (para obtener un pase gratuito para el taller y poder acceder a la Feria de Stands hay que inscribirse en el taller y además contactar con info@innova4eu.com para el envío del pase gratuito, antes del 20 de Noviembre):

Consejos de un evaluador para conseguir subvenciones en proyectos europeos de I+D+i" Organiza: Innova4EU (TF-2)

Martes, 27 de Noviembre de 2018 de 12:00 a 13:00 en la Sala Varsovia

Tendencias de sostenibilidad e innovación del sector inmobiliario en España. Organiza: Innova4EU (TF-11)

Martes, 27 de Noviembre de 2018 de 13:00 a 14:30 en la Sala Varsovia.

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INNOVA4EU participa en CONAMA con dos conferencias de promoción de la Innovación en el sector inmobiliario

La promoción inmobiliaria está en un proceso de transformación histórico en España, en gran medida respaldado por la entrada de grandes inversores institucionales extranjeros (que han modificado radicalmente la radiografía de las promotoras y socimis en la bolsa española), la preocupación por el medio ambiente y las fuerzas disruptivas a corto plazo de la tecnología y los cambios sociales.

INNOVA4EU participará el Martes 27 de Noviembre del 2018 de 12:00 a 14:30 con dos conferencias en CONAMA, enfocadas a las tendencias de innovación y sostenibilidad en el sector inmobiliario en España y la obtención de ayudas para subvencionar proyectos de innovación.

Os adjuntamos el detalle de las conferencias:

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Titulo: TENDENCIAS DE SOSTENIBILIDAD E INNOVACION DEL SECTOR INMOBILIARIO EN ESPAÑA.

Para reducir el gran impacto ambiental del sector inmobiliario en el desarrollo de ciudades manteniendo la creación de valor empresarial, las empresas promotoras y socimis están integrando en sus modelos de negocio, determinados posicionamientos y acciones estratégicas que afectan tanto al desempeño financiero como no financiero, de forma progresiva. Las claves son la creación de valor a través de la Responsabilidad Social Corporativa y una Estrategia de Innovación enfocada en la anticipación de las necesidades del nuevo cliente (inversores, milenians, tercera edad, …).

Se presentarán las principales estrategias de fomento de la sostenibilidad e innovación en el sector inmobiliario así como los resultados del estudio realizado por Innova4EU en el tercer trimestre del 2018, reflejando el gran cambio que se ha producido en los dos últimos años y que está promoviendo la introducción de medidas de sostenibilidad e innovación en las principales promotoras inmobiliarias.

Como ejemplo de mecanismo de promoción de la innovación en el sector inmobiliario se presentará a continuación una charla enfocada en la obtención de ayudas de subvención:

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Titulo: CONSEJOS DE UN EVALUADOR PARA CONSEGUIR SUBVENCIONES EN PROYECTOS EUROPEOS. Como preparar “EXCELENTES” propuestas en HORIZON2020.

Muchas empresas, startups, universidades y entidades públicas buscan financiación de sus proyectos de investigación o innovación en los programas Europeos dado que la subvención suele estar entre un 50% y un 100% del coste total del proyecto (dependiendo del programa y el tipo de proyecto).

La competición por financiación se ha incrementado exponencialmente, llegando a una tasa del 11% de éxito. Por ello, la ponencia aportará la visión de un experto evaluador de proyectos europeos en H2020 y Eurostar/Euripides Eureka para presentar propuestas de alto valor añadido. Incluirá una guía práctica de consejos para conseguir propuestas excelentes incluyendo desde el desarrollo de la idea hasta el proceso de evaluación de los expertos, teniendo en cuenta las claves y lecciones aprendidas.

INNOVA4EU invited to participate in the evaluation of proposals for SME Instrument

INNOVA4EU has been invited to evaluated proposals submitted to the EIC SME Instrument. This is the fifth year evaluating and helping proposals to get funding for projects.

The EIC SME Instrument is a public funding programme that funds risk innovation in small businesses. It funds market-creating innovation in disruptive small businesses that have significant growth potential and global ambitions. The EIC SME Instrument is part of Horizon 2020 – the EU's 80 billion € funding programme for Research and Innovation for 2014-2020.

SMEs  could receive up to 2.5M€ in funding and world-class business support and mentoring.

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The dedicated SME instrument encourages for-profit SMEs to put forward their most innovative ideas with an EU dimension. The instrument aims to fill gaps in funding for high-risk innovation and close-to-market activities to give a strong boost to breakthrough innovation.It targets highly innovative SMEs with a strong ambition to develop, grow and internationalise. It covers the whole innovation cycle, the focus being on delivery of new products, services or processes on the market.

What SME Instrument offers?

The SME Instrument, as part of the Horizon 2020 programme, acts as an accelerator programme at EU level offering funding, coaching and business acceleration services to innovative small or medium-sized business with global ambitions. The SME Instrument supports high-risk, high-potential small and medium-sized enterprises to develop and bring to the market new innovative products, services and business models that could drive economic growth.

Who are SME Instrument looking for?

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SME instrument invests in for-profit SMEs (single companies or consortia) established in the EU or in countries associated to Horizon 2020 that have ground-breaking ideas that could shape new markets or disrupt existing ones.

Next cut-off dates for project submissions are: Phase 1: 7 November 2018 , Phase 2: 9 January 2019

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Innovation in the Real Estate sector

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A recent study by ING indicates the restrictions for innovation in real estate The real estate sector is not known as an innovative sector. The growth in labour productivity in the sector has stagnated for a long time and, in comparison to other sectors, there is hardly any investment in R&D. Important explanations are:

Long operating life of real estate: which means that new technologies are slow to replace the old.

• Capital intensive: This makes entry difficult for starting entrepreneurs with good ideas.

• Intransparent market: Each real estate object is unique. This means that there is less direct competition on the real estate market, which reduces the drive to innovate.

This image is clear also when you look at the figures. Investments in R&D are very low in different European countries. This is much higher in other sectors, such as services.

So why is there still little innovation in the real estate sector? The traditional culture is often mentioned as a cause. But why is the culture traditional and why has there been relatively little innovation for a long time? This concerns the specific market structure of the real estate sector. This inhibits innovation. The most important factors are:

Long operational life of Real Estate

The long operational life of real estate means that new technologies are slow to replace the old. The car fleet, for example, has been entirely replaced with new cars in just one or two decades. For real estate with its operational life of sometimes over 100 years, this process is a lot slower. The addition of new technologies to an existing building is also costly. Although this sometimes does happen, upgrading the total stock is slower than for other goods. When making improvements to leased real estate, for instance making this more sustainable, there is also a problem of ‘split incentive’. If it’s mainly the tenant who profits from the sustainability investments, the incentive for landlords to invest in this is low

High entry barriers

Investing in real estate is extremely capital intensive. This results in considerable entry barriers for property investors. Not every starting entrepreneur from another sector with a good, innovative idea can just enter this sector. This means that it is the current real estate owners who largely determine what is built. As tenants also find location to be much more important than an innovative building, the incentive to invest in innovations is limited. New developments are therefore implemented less quickly. High entry barriers are not present in all real estate sub-sectors, such as real estate agents.

Intransparent market

Each real estate object is unique. This means that there is less direct competition on the real estate market. For the average market operator it is also difficult to estimate the value of a real estate object independently. The owner of real estate knows more about real estate than the rest of the market. This gives the owner of real estate market power. Moreover, many regulations and complex ownership structures make real estate transactions bureaucratic, complex and intransparent.

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Consequences for the real estate sector

Real estate owners: From “investing in bricks” to entrepreneurship To respond well to changing demand in the market and the opportunities offered by PropTech, real estate investors will start to operate more as entrepreneurs. This means focusing on more things than just the value of the property, duration of lease contracts and tenant creditworthiness. A real estate entrepreneur will have a rewarding business model in which he/she creates added value and ensures continued demand for his/her (Space as a) Service.

INNOVA4EU will participate as expert in CONAMA explaining how to get funding for Innovation

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INNOVA4EU will participate in a workshop related to “How to get European Commission funding for innovation actions” providing information of its experience in preparation, management, evaluation and monitoring of innovation sprojects funded by the European Commission.

INNOVA4EU will tackle how proposals have to be prepared to get funding from programms such as H2020 and Eurostar/Euripides Eureka.

Conama 2018, will be held from November 26 to 29, 2018. Conama is a biennial meeting that, in the time since its first edition in 1992, has become the sustainable event of reference in Spain due to the quality and breadth of the content treated, the high level of participation and the variety of professional profiles and environmental sectors represented.

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INNOVA4EU invited to participate in the evaluation of Proptech proposals for Eurostar Programme

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The Eurostars Programme is a joint programme between EUREKA and the European Commission and the first European funding and support programme to be specifically dedicated to research-performing SMEs. Eurostars stimulates them to lead international collaborative research and innovation projects by easing access to support and funding .

The Eurostars Programme is a European Joint Programme dedicated to the R&D performing SMEs, and co-funded by the European Communities and 36 EUREKA member countries. Eurostars aims to stimulate these SMEs to lead international collaborative research and innovation projects by easing access to support and funding. It is fine-tuned to focus on the needs of SMEs, and specifically targets the development of new products, processes and services and the access to transnational and international markets.

INNOVA4EU has been invited in this call by Eurostars to evaluated proposals related to Proptech solutions and Construction Systems.

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Deloitte survey in Proptech and Comercial Real Estate

Institutional investors’ expectations: Engage to gain a competitive edge.

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Proptechs are increasingly popular with investors and are expanding their coverage across the real estate value chain. Consider this: Globally, almost 9 in 10 of those surveyed believe that proptechs will have a moderate to significant influence on the CRE industry .

Proptechs are using existing and developing technology to nurture new, innovative ideas that enhance operational efficiency, tenant experience, and information flow.

Today, CRE companies tend to be more aware of proptechs, but the industry seems to perceive them more as a disruptor than as a collaborator.

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It is important for CRE owners/operators to understand that it is a win-win situation, where CRE companies can match their industry knowledge and business opportunities/needs with proptechs’ technology know-how and nimbleness.

To ensure a coordinated approach, companies may develop a governance model and guidelines to evaluate proptechs.43 CRE companies should consider assessing the size, scale, maturity, level of innovation, and relevance to existing business.

CRE companies should also establish quantitative and qualitative metrics to measure their return on investment from proptech investments. They may consider firm revenue and cost-saving targets, market penetration, or qualitative measures such as tenant feedback and level of transformation

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Want to develop real smart city solutions?

The European Commission has recently presente the upcoming funding opportunities offered by the EU's H2020 Programme to projects focusing on smart energy systems and smart cities and communities concepts. 

The initiative started 6 years ago and has funded 40 light house cities with more than €300 million.

The open call for projects in 2019 has €83 million available for funding. The 5th of February 2019 is the submission deadline, so start working now.

The call aims to:

Deploy and test integrated innovative solutions for Positive Energy Blocks/Districts in the Lighthouse Cities

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  • Interaction and integration between the buildings, the users and the larger energy system

  • Implications of increased electro-mobility, its impact on the energy system and its integration in planning.

  • Carry out extensive performance monitoring

If you want to know more on how to participate and get funding, contact info@innova4eu.com

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Health, Wellbeing and Productivity in Green Offices

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Employers, building owners, designers, developers, and investors throughout the world are learning, in response to an increasing body of evidence, that office design affects the health and wellbeing of occupants in many ways and so it is a smart business move to create green buildings that are healthy. Staff are the most valuable resource in most organisations, typically accounting for 90% of business operating costs, so even a 1% improvement in productivity can have a major impact on the bottom line and competitiveness of any business. Building developers, owners, and investors are also discovering the business value of delivering to their markets healthy, green buildings. In a survey of 200 Canadian building owners, for example, 38% of those who reported increased value said healthy buildings were worth at least 7% more than normal ones, 46% said they were easier to lease, and 28% said they commanded premium rents.

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http://www.worldgbc.org/sites/default/files/WGBC_BtBC_Dec2016_Digital_Low-MAY24_0.pdf

Qualities of innovative leaders

Holistic innovation needs to be carried out through the whole company, but it is also essential that the leader leads by example. Establishing changes in a company may be challenging, and the leader may encounter reluctance and fear from their teams. That’s why it’s so important to address these concerns. If you don’t have a culture of leaders who encourage their employees to be creative and think outside of the box, you can expect resistance. From bottom-up to top-down, all the teams should always be engaged in the cultural change that is necessary for innovation transformation. People need to feel included and need to see that the innovation is not just one department doing some fancy stuff, but that they are all in their own ways contributing to the success of the company.

These must be the leaders abilities:

  • Ability to learn and improve 

  • Ability to embrace change 

  • Open minded 

  • Trusting employees and willing to play to their strengths 

  • Transparent and trustworthy 

  • Focused 

  • Good role model 

  • Aware of themselves and their flaws and transparent about it 

  • Desire to see the company grow, not just secure their own power 

  • Know their own strengths 

  • Know how to engage the whole team or whole company 

  • Have a vision aligned with the company’s strategy 

  • Ability to embrace the future in a different way 

  • Willing to experiment 

  • Communicate and listen to feedback 

  • Support diversity 

  • Know how to hire good people

https://www.experience.erni/innovative-leaders-let-people-try-and-fail?utm_source=Linkedin&utm_medium=Social&utm_campaign=InnovLeader

https://www.experience.erni/innovative-leaders-let-people-try-and-fail?utm_source=Linkedin&utm_medium=Social&utm_campaign=InnovLeader

The 'proptech' sector is becoming ready in Spanish Real Estate Sector. Technology drives the creation of 236 real estate companies in Spain.

With so many new proptech startups, Real Estate Companies have to define a digital transformation plan, focused on adding new digital capabilities to help capitalize on mobile, social and big data. It is not a matter of picking some Proptech solutions and added to the day to day business. There must be a roadmap for digitalization, not only in the product (buildings) but also in the company (employees, internal procedures, marketing, legal, etc). Today, technology-enabled disruption is compelling companies in all industries to think and act more like technology companies. Incremental, front-end changes are no longer enough—the new real estate business ecosystem demands the rethinking of most companies’ strategies from start to end. A shift in organizational approach to digital over the recent years indicates that some companies have become increasingly aware that they must eliminate structural barriers to realize the opportunities presented by technology enablement.

The next step is how to evolve from "be aware" to "be a front runner in digital transformation".

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