The fifth PropTech Symposia took drew a crowd of 150 real estate and tech experts together in the principality to explore how artificial intelligence is reshaping the industry. Hosted by the Princely Government alongside the Monaco Economic Board (MEB), ESCP Business School, and local trade groups, the event unfolded under the watchful eye of Isabelle Berro-Amadeï, Monaco’s acting Minister of State. The theme? “PropTech: Reinventing the Future of Real Estate.”
Held on March 10, the symposium—driven by Monaco’s Digital Economy Unit and Interministerial Delegation for Digital Transition—offered a deep dive into AI’s game-changing potential. From smarter building designs to fresh business models, the day buzzed with ideas about the strategic and practical shifts AI is bringing to property markets. Before the main event, about 30 local experts and investors got an exclusive preview, mingling with key opinion leaders in a side session organised with Monaco Private Label and the government’s Attractiveness Unit.
The lineup was a who’s-who of the field. Dominique Alba, head of Ateliers Jean Nouvel, kicked things off with a talk on weaving AI into architecture and city planning. Then came a powerhouse panel: Ana Lozano Portillo of Nidus Lab broke down AI-driven automation in design; Brice Vandevoorde from Realiz tackled tokenisation and new economic frameworks; ESCP’s Jaime Luque unpacked market trends and tech’s investment impact; and Anas Bataw, tied to Saudi Arabia’s 937 billion euro Public Investment Fund via Zacua Ventures, shared how AI boosts urban sustainability. Thierry Cherel of Natixis CIB Research moderated, with Geneviève Berti, the government’s communications director, keeping the energy high.
This wasn’t just talk—there’s history behind it. Since 2019, Monaco and ESCP Business School have teamed up on the Real Estate Tech Chair, launched in Paris with Prince Albert II in attendance. Their brainchild, the Global PropTech Barometer, tracks the industry’s cutting edge, and the 2024 edition debuted at the symposium. It’s now live at eme.gouv.mc for anyone curious about where real estate tech is headed.
The day wrapped with a networking session, sparking new connections among attendees. For Monaco, the event hit three big goals: spotlighting the Barometer, guiding local pros into digital best practices, and boosting the principality’s pull for PropTech firms. That’s no small fry—PropTech’s a 634 trillion dollar industry, up 13.6 percent in 2024 with 47.94 billion euros raised.
Take Ana Lozano Portillo’s perspective: “AI isn’t just a tool—it’s rewriting how we imagine spaces.” Or Brice Vandevoorde’s pitch on tokenisation: “It’s opening doors to wealth creation we couldn’t dream of a decade ago.” With heavyweights like these, the PropTech Symposia cemented its rep as the go-to event for seeing what’s next in a world where bricks, mortar, and algorithms collide.
