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Could the first proptech ‘unicorn’ be from Asia?

JLL supporting Hood Disrupt, the region’s first proptech hackathon; more than 70 participants working on tech innovations in areas from financing to construction


SINGAPORE, 1 August 2017 – With technology playing an ever-greater role in the real estate industry, JLL is supporting the fast developing proptech scene in Asia by sponsoring the region's first proptech hackathon, Hood Disrupt, happening from 4-6 August, 2017.

Organised by igloohome, a Singapore-based start-up which has created smart access solutions, and District 6, a co-working space located at Odeon Towers, the hackathon will see 75 participants ideating and creating new technologies and solutions for real estate, with a focus on tackling Smart Real Estate and Property Management; Architecture, Engineering & Construction; Agency and Brokerage; Property Financing; and the Sharing Economy. They will showcase their innovations at a Battle Pitch on the last day of the hackathon to win the grand prize of S$5,000.

​Pushing proptech in Asia

"JLL is really proud to be the main sponsor of Hood Disrupt," says Albert Ovidi, Chief Operating Officer, JLL Asia Pacific. "As a leader in real estate, we believe in being part of the larger tech ecosystem, supporting the start-up scene and learning from entrepreneurs and innovators."

"We are excited about how technology is increasingly being applied in different sectors of real estate. We have a new global business, JLL Spark, that extends and complements our current tech offerings by identifying and delivering fresh technology-driven real estate services. An event like Hood Disrupt will also help propel our industry forward through innovative solutions as well as new talents emerging from it. We can't wait to see the great ideas that come out of it," he adds.

Among the participants are teams from leading developers Sansiri from Thailand and Lendlease from Singapore. They are joined by start-ups such as LePro System Berhad from Malaysia, which provides web and app support for legal and documentation services; Singapore-based Reserv, a platform and marketplace for facility management services with more than a hundred condominiums onboard; Keep, a search engine for storage options set up by two Korean engineers; and Airsquire, offering security services using drones equipped with sensors.

Chief Executive Officer of igloohome, Anthony Chow says: "We are very pleased with the enthusiastic response to this hackathon and the support of our sponsors such as JLL. We look forward to new solutions and developing the proptech scene in the region further."

For more information about Hood Disrupt, visit https://www.igloohome.co/hooddisrupt. Should you wish to attend the event, please contact JLL.

 

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About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

JLL has over 50 years of experience in Asia Pacific, with 36,800 employees operating in 95 offices in 16 countries across the region. The firm won the 'World's Best' and 'Best in Asia Pacific' International Property Consultancy at the International Property Awards in 2016 and was named number one real estate investment advisory firm in Asia Pacific for the sixth consecutive year by Real Capital Analytics.  www.ap.jll.com