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PROPTECH-X : News Roundup – Seven Days of Articles & Analysis

VE+ the new procurement engine cutting developers costs without compromise

Finishes packages are specification sensitive and expensive components of any build – VE+ fixes this 

As construction costs continue to climb and procurement timelines tighten, developers and contractors are being pushed harder than ever to deliver more for less. Finishes packages,  flooring, tiles, wall coverings, fabrics and decorative materials, remain some of the most specification-sensitive and expensive components of any build. Yet they also present one of the industry’s biggest untapped opportunities for cost optimisation.

This is where VE+, a new procurement service focused on like-for-like alternatives, is leveraging technology to give its client clear marketplace oversight.

VE+ a Smarter Approach to Value Engineering

Traditional value engineering has long carried a stigma as savings typically come at the expense of design intent, material quality, or long-term performance. VE+ flips that model on its head.

Rather than substituting premium finishes with cheaper, inferior products, VE+ uses a sophisticated blend of technical expertise, AI-driven search, and data from more than 100,000 product SKUs to identify fully compliant, visually equivalent and technically matching alternatives from over 100 trusted UK suppliers.

Clients simply share their finishes specification, and VE+ produces a verified like-for-like analysis on a no win, no fees basis. Included is a full comparison report, with ready to procure quotes and clear savings, typically around 20% per specification

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As Noam Naveh CEO of VE+ (pictured) explains, ‘There’s a misconception that saving on finishes means compromising on quality or design. It doesn’t. The market is full of equivalent products; the challenge has always been finding them efficiently. That’s exactly what VE+ is built to solve.’

Case Study: Karrada Developments achieve 24% savings in three days

A recent project at the Central Park Hotel in London showcases how rapidly VE+ can deliver measurable impact. Main contractor Karrada Developments was progressing with the finishes package when the client requested a review to identify potential cost reductions.

With the project already underway and procurement windows narrowing, the contractor needed fast, reliable, specification-safe alternatives. VE+ stepped in — and within three days, they delivered fully verified options that maintained design intent while reducing cost pressure. 

Which resulted in a 24% average margin saved, in a 3-day turnaround, with almost £22,000 total savings on the package

Andrew Stanton

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Andrew Stanton CEO Proptech-PR




CRE and the big opportunity in DDI (Data & Digital Infrastructure)

Week 27: How to Talk to Your Asset Manager About DDI

In this weekly series, we explore how the commercial real estate industry is being transformed by data and digital infrastructure. Guided by the principles in Peak Property Performance, we unpack a new idea every week to help owners unlock value, reduce risk, and future-proof their portfolios. Learn more about OpticWise and Bill Douglas, the authors of this series.

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The conversation about building systems is changing.

What used to be limited to HVAC, access control, and connectivity contracts has evolved into something much more strategic: Data & Digital Infrastructure (DDI). If you’re a property owner or operator who sees the opportunity in this shift, there’s one stakeholder you must bring along: your asset manager.

But how do you make the case? Here’s how to frame the conversation in language that gets their attention—and aligns with their performance goals.

1. Start With NOI, Not Technology

Asset managers aren’t rewarded for system specs. They’re judged by Net Operating Income, cap rate compression, and portfolio stability. So instead of talking about fiber, sensors, and platforms, talk about:

  • Revenue opportunities from owner-controlled networks

  • Cost reductions from predictive maintenance and proactive ops

  • NOI gains from monetizing connectivity as a service

  • Risk reduction that leads to lower insurance premiums

  • Tenant retention driven by smarter, frictionless experiences

Lead with performance, back it up with digital infrastructure.

2. Highlight the Risk of Doing Nothing

DDI is no longer a nice-to-have. It’s now essential to:

  • Qualify for ESG-linked financing

  • Hit mandated emissions and energy targets

  • Pass cyber audits and reduce liability

  • Win and retain enterprise tenants with digital demands

Failure to invest now means higher future costs, reduced competitiveness, and potentially stranded assets. You are not proposing a system—you’re mitigating value erosion.

3. Use the PPP Digital Infrastructure Review as a Framework

Don’t walk into the meeting empty-handed. Use the PPP Digital Infrastructure Review to give the asset manager a baseline view of the current state.

The six domains outlined in Peak Property Performance make it easy to show:

  • Where the property is exposed

  • Where value is being left on the table

  • What short-term and long-term wins are possible

This approach shows you are not chasing shiny objects. You’re following a mature, measurable playbook.

 

Andrew Stanton

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Andrew Stanton CEO Proptech-PR


Investor consortium secures 41% of land acquisition proptech Verafind

A consortium of investors including Preqin founder Mark O’Hare have acquired a 41% stake in the specialist land acquisition platform, Verafind, which has rebranded from VirginLand by Ringley.
Other investors joining O’Hare include Will Killick and Andrew Pettit, Founding Partners of the £4.5bn (AUM) private equity real estate investment manager Revcap Advisors, and Darryl Flay, co-founder of the Macquarie-backed rental housing investment manager Goodstone Living and a founding figure in UK build-to-rent as an asset class.   
Property and asset management company Ringley Group, which co-founded Verafind in 2022 – then VirginLand by Ringley – and helped grow the business,  has sold its majority stake to pave the way for investment. It will continue to play an active role to support future growth.
Co-founded by Dan Robinson (Managing Director), Verafind, which includes the likes of Taylor Wimpey, Eon and Wates in its client base, is a technology-led business acting as an outsourced land department for developers, investors and asset owners across all residential and commercial sub-sectors. It also works in infrastructure, with clients in EV, roadside, energy and industrial development.  
L to R Freddy Hoare Dan Robinson Charlie Youngs
 
Verafind – whose team of 15 is headquartered in London and comprises, (See picture L-R)  Freddy Hoare (Operations Director) Dan Robinson (Co-Founder & MD) and Charlie Youngs (Co-Founder & Agency Director). It leverages AI, proprietary data and in-house geospatial technology to automate and simplify the process of identifying and acquiring development sites. Its AI-enabled platform identifies sector requirements, lease structures and site potential before engaging and qualifying potential vendors. It recommends acquisition strategies to developers and investors, while delivering viability assessments, planning reports and valuation models.
The consortium’s investment will support Verafind’s next phase of growth, which includes the enhancement of AI capabilities, improved data infrastructure and an expansion into Europe.
Verafind – whose team of 15 is headquartered in London and comprises, (See main picture L-R)  Freddy Hoare (Operations Director) Dan Robinson (Co-Founder & MD) and Charlie Youngs (Co-Founder & Agency Director). It leverages AI, proprietary data and in-house geospatial technology to automate and simplify the process of identifying and acquiring development sites. Its AI-enabled platform identifies sector requirements, lease structures and site potential before engaging and qualifying potential vendors. It recommends acquisition strategies to developers and investors, while delivering viability assessments, planning reports and valuation models.

Andrew Stanton

Read the article in full

Andrew Stanton CEO Proptech-PR


 

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Andrew Stanton Founder & Editor of 'PROPTECH-X' where his insights, connections, analysis and commentary on proptech and real estate are based on writing 1.3M words annually. Plus meeting 1,000 Proptech founders, critiquing 400 decks and having had 130 clients as CEO of 'PROPTECH-PR', a consultancy for Proptech founders seeking growth and exit strategies. He also acts as an advisory for major global real estate companies on sales, acquisitions, market positioning & operations. With 200K followers & readers, he is the 'Proptech Realestate Influencer.'

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