Real estate heavyweights sign up to innovation board

Real estate heavyweights including Capco, Great Portland Estates, Savills and U+I have signed up to an innovation board to help cloud-based development appraisal tool company, Aprao, develop its technology. Property companies that have signed up to the board will work with Aprao to develop this software to help digitalise the development appraisal process in real estate. Members of the board will also participate in roundtable discussions. Aprao, the London-based start-up founded in 2017 by industry expert Daniel Norman, is backed by UK and German tech investors including Surplus Invest and Pi Labs. Vishal Shah, Investment Associate at U+I, said: “U+I