Regional News

More than 100 real estate startups attend Spain’s Neinor Next Startup Day

By Silvia Castro Betancourt 0 Comments NEWS, Regional News

Neinor Next, an initiative launched by Neinor Homes and Barrabé to boost the digital transformation of the real estate business, has gathered at the "Neinor Next Startup Day" with more than 250 attendees and nearly 500 streaming connections from 16 countries.

Attendees have known in the first place the updated analysis, trends in the residential real estate sector, as well as the impact that technological innovation is causing in the transformation of this sector: the creators of the initiative, Neinor Homes and Barrabé

Experts stressed that the investment in Venture Capital has grown at the rate of 68% annualized in the last five years. In addition, within the Neinor Next Startup Day, 25 startups have presented their projects.

A big boost for the transformation of the real estate sector

The CEO of Neinor Homes, Juan Velayos, has declared that the meeting "represents a great boost" for the transformation of the residential sector in Spain, "which has finally taken off."

"We have never seen a commitment to technology and innovation so ambitious in the real estate activity, which has traditionally been non-transformative. At Neinor Homes we are committed to leading this great change because we are convinced that it is the only way to create a more efficient, transparent, sustainable sector that is privy to the needs of its customers," added Velayos.

The president of Barrabé, Carlos Barrabés, has affirmed that technology "changes the order of things", and being part of the change "is the best way to be able to lead it".

More than 500 projects analyzed

The 15 of February will announce the 10 selected startups, who will work with experts to develop their projects for a period of between 3 and 6 months.

The initiative has analyzed more than 500 projects from around the world. Of these, 50% originated in Spain, 17% in the United States and the remaining 33% in several European countries.

The above article was written and published in Spanish and has been translated into English. Click here to read the original article.

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