#PropTech is a new
The real estate market has recently begun a technological transformation which will proceed rapidly. Contemporary buildings consist not only of layers of bricks, metal, glass and stones but also of intelligent devices and appropriate software to control them.
Do advanced technological solutions represent an opportunity or a threat to the real estate market? How can you protect yourself from cyber-attacks? How can you legally secure yourself against bad contracts with technology providers?
What does this mean to actors on the real estate market?
Companies operating on this market also need to focus on new operational areas, the awareness and professional services of which will enable significant opportunities to enjoy the benefits of advanced technologies.
“In contracts with providers of intelligent elements for buildings, the legal issues are of the utmost importance. They include standards for software creation, rules governing liability for safety incidents, testing and acceptance procedures, conditions of error handling, intellectual property issues, software documentation, the possibilities to maintain, develop and integrate software, etc.”
Michał BagłajSSW Partner
investment funds which
operate on the real estate market
general contractors of
entities which manage building fleets
managers of office buildings, warehouses, shopping centres, public utility facilities (entertainment arenas, stadiums, airports, stations)