Smartlands Attends Investor Property Show 2019: The Cry For Digital Transformation
The property industry is undergoing a major transformation in the UK. Even though you cannot yet complete a transaction without a stack of papers, wet signatures, and multiple personal meetings with estate agents, at the Investor Property Show 2019 we clearly saw the traditionally conservative industry inching towards the light.
The majority of reasons for investing in property in the UK largely remain the same as they always were: since people are being forced out of the housing market, about 20% of the population is going to be renting by 2035, which means that bricks and mortar will remain a robust asset class. Investing in property is relatively simple; it’s easier to understand than stocks and obtaining finance is reasonably straightforward. Besides, a diligent investor could take advantage of the cheaper pound and the fact that pre-Brexit jitters brought the prices for commercial property in the UK way down.
Not surprisingly, the interest in purpose-built student accommodation at the Show was off the charts. Brexit or no Brexit, the UK remains a global Mecca for those seeking a marketable higher education, and the student turnover in the country is not showing any signs of slowing down. In broader terms, buy-to-let remains the pinnacle of smart investments in property, but student housing, in particular, is something investors are looking at very closely because it is a hands-free investment that can be easily tokenised on the Smartlands Platform solving the liquidity issue that persists in real estate.
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