The Truth About Real Estate Research with Professor Andrew Baum and Andy Saull

 

Title: The Truth About Real Estate Research with Professor Andrew Baum and Andy Saull

Summary: We talk to Professor Andrew Baum and researcher Andy Saull to find out the truth about real estate research, and talk forecasting the future of real estate.

 

Louisa started her career in property working at a well-known estate agency in London. Realising her people skills, she moved over to Lloyd May to pursue a career in recruitment. She now is a Director at LMRE, who are a specialist recruitment firm driven by PropTech and recruitment professionals, and Louisa oversees their 5 core areas. Louisa co-founded LMRE and provides a constructive recruitment platform to the new disruptors in real estate. Louisa is also on the board of Directors at UK PropTech Association (UKPA).

LMRE believe there is a better way to recruit. LMRE focus on a more comprehensive, client led focus delivering exceptional talent to the right place at the right time. They are passionate about the industry and passionate about people's careers. LMRE spend time with each client to become and an extension of the business, and their transparency and core values help them grow with the sector. LMRE simplify recruitment and innovate with our clients and evolve the people driven, PropTech community.

 

Andrew Baum is the head of the Oxford initiative and was previously a professor with Cambridge and Reading universities. He has advised companies such as CBRE investors and Grosvenor, and is the leading academic in the study of PropTech with his ground-breaking 2017 publication “PropTech 3.0” and updated for recent time “PropTech 2020” report.

He has been appointed Professor of Land Management at the Henley Business School, University of Reading, in 1989; Honorary Professor of Real Estate Investment at the University of Cambridge 2009-2014; Fellow of St John's College, Cambridge 2011-2014; Visiting Professor of Management Science, Saïd Business School, University of Oxford, 2013 onwards.

 

Outside academic life, has spent the majority of this time working with institutional real estate investors in developing global property investment strategies.

Andy is currently researching the impact of emerging technology on the real estate industry at Pi Labs, Europe’s first and most active PropTech venture capital firm. Alongside Andrew Baum he has also co-authored reports of the future of real estate transactions and occupation. In a previous life Andy was a professional rugby player with London based Saracens, and in England second team

LMRE website www.lmre.co.uk

Saïd Business School website https://www.sbs.ox.ac.uk/

Professor Baum’s PropTech 2020 report:

Professor Baum’s PropTech 3.0 report:

Oxford Future Real Estate LinkedIn Group:

 

- I think it is an exciting time to join real estate, especially from the from the tech or the data, data science perspective – Andy Saull

- Making forecasts it's very difficult. All you can say is that the world is uncertain. And there are certain things going on that could lead to certain outcomes. And so we have to talk about scenarios to the future rather than over forecasts on what will happen – Professor Andrew Baum

- I guess no publicity is bad publicity, and if someone's challenging you the good news is people are reading a report and taking notice! – Louisa

- Every three or four years, something big happens that's unforeseen, and you know, there'll be another one in three or four year’s time, no doubt. It means that businesses have to work out what is sustainable and what is not sustainable – Professor Baum

- I think with things like the climate emergency, now the Coronavirus pandemic, I think there is a massive transition going on in how we actually physically equip our buildings. And I think that's going to be hugely accelerated in smart buildings a lot more tangibly – Andy Saull

- The city will survive. That's the big thing that's going to come through all this. But don't be surprised if there's another big shock in three or four years – Professor Baum

- We know that there is a huge amount of money out there that needs to get invested. What's needed is the bringing together of all those opportunities with all that money. And that done through an app you know, that is done through personal trust and ambassadorial skills – Professor Baum

 

 

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