As technology and data capabilities advance, there is an increasing focus on leveraging data that will enable innovation and deliver new value for customers. Geospatial data is an emerging area of opportunity in the property sector, and it is fast being utilised by agile "proptechs", developers and data scientists. Buildings, like everything, occupy space. For residential and commercial enterprises, the contextual data attached to properties is fertile ground for innovation. Whether helping property developers better understand the spatial contexts of sites or providing homebuyers with easier access to the detail they need, geospatial data is being used more than ever to create solutions that deliver value across the sector.

Welcome to proptech 3.0 – the convergence of property and technology – where autonomous drones, big data and artificial intelligence (AI) come together to transform the property sector. I've been in real estate my entire career - and it is clear to me that much is changing, and changing fast. For instance, instead of sending property managers out to buildings to manually inspect them and log the findings, the job can now be done by smart robots capable of carrying out each task with lightning precision. People can then focus on higher order tasks instead.