Unlock the Possibilities in PropTech: An Overview and Lessons from UrbanLab
UrbanLab (城越), Mainland China’s first corporate property technology (‘PropTech’) accelerator, was launched to capture the massive potential of technology, that would result from a collaboration between three corporate giants: Ping An Urban-Tech (PAUT), JLL and Swire Properties in Mainland China. The goal is to:
- collaborate with innovative tech companies
- lead the property industry in tapping into the knowledge and value of innovative technology solutions
- build a sustainable digital ecosystem for the real estate industry
This report aims to explain the background behind UrbanLab, introduce the technology companies selected for the first cohort, and examine the results and lessons from this initiative so far.