The final day of Property Portal Watch was focused on business cases around the world, with speakers invited to delve into their business models and how they are overcoming challenges in the space.
We kicked off with David Chamas who outlined the rise of proptech Huspy, which raised $37m in May 2022.
The next business case was French proptech Masteos, presented by Managing Director for Europe, Geoffroy Reiser. Masteos offers rental investors the opportunity to find, buy, renovate, furnish and rent properties—all in one app. In other words, end-to-end rental real estate investment! The company is set to pursue a Series B funding round worth €100m in 2023.
Then, Steve Coleman, CTO at skiing-property portal SnowOnly, explored how to build a low cost, low manpower business—with just two employees. Interestingly, Steve commented that a previous PPW was a critical turning point for his business.
The fourth use case was Jeff—not a man, but a business, showcased by Director of Real Estate Ignacio Cort. Jeff offers entrepreneurs a ‘business-in-a-box’ solution for their dream investments.
Carlos Gomez, co-founder and CEO at Vivla, then delved into the ownership revolution of Real Estate 3.0. Vivla offers fractional ownership opportunities for second homeownership, with multiple owners per property.
The final session kicked off with a showcase of Turkish startup Tapu.com by founder and CEO Emre Ersahin. Tapu.com is the market leading real estate transaction business in Turkey, and the largest bank-owned property liquidation channel, serving 17 private banks.
Borja Davila, executive partner at Athens-based Prosperty, then broke down how the company moved from a transactional portal to building an operating system that manages institutional real estate portfolio management.
Mario Berta, chairman at Singapore-based Flyhomes, zoomed in on capturing transaction revenues from office space rentals. Berta explained how Flyspaces—a subsidiary of Flyhomes—tapped into the commercial real estate space in Asia, worth an estimated $60bn.
To close out the conference, Ricardo Frechou (Infocasas), Ronnie Sang (aoCubo) and Simon Baker took part in a discussion panel to sum up the challenges and opportunities for portals to extract value from real estate transactions.
And that was it for another year of Property Portal Watch. A massive thank you goes to attendees who flew in from around the world to share their insights.
Next up, Bangkok in March. Until then!