New wave of technology to fill gaps and make strides in the property profession

Propertymark is continuing its efforts to support REACH UK’s scale-up programme, aiming to deliver a new wave of innovation that streamlines and advances technology in the property sector.

For professionals working within property services, the initiative is being positioned as a significant shift towards a more efficient, sustainable, and forward-looking industry.

REACH UK has successfully run four programmes, providing startups with access to the property sector that few other schemes can match.

Since its UK launch in 2020, Propertymark has been a collaborator, and in 2024 it formed a landmark co-investment partnership with TDS.

Together, they have set out ambitious objectives: to drive the adoption of emerging technologies and foster innovation that can directly support agents and landlords in their day-to-day operations.

The goal is not just to introduce new tools, but to ensure they are relevant to workplace realities. By collaborating with agents on the ground, the programme aims to make sure innovations are not only needed but also fit for purpose.

This long-term transformation, advocates argue, will support more efficient working practices and align with sustainability objectives that are increasingly central to business strategies.

Jason Lee, head of commercial at Propertymark, emphasised the opportunity for agents to take part in shaping the future of their profession.