Real estate needs ‘deep-rooted’ change, say Investment in Tech panellists

MIPIM 2019: The real estate industry is struggling to work with early-stage businesses that are grappling to understand the issues they want to solve and how to integrate with large established firms, according to proptech innovators and leaders. Nick Kirby, managing associate at Mishcon de Reya, said: “You need deep-rooted change in our industry for real estate companies to engage more with start-ups, to give them that business knowledge to help them develop solutions around well-understood business problems.” Tony Doherty, head of investment solutions at Legal & General Investment Management Real Assets, added: “It needs to be a part our