JLL, Swire Properties and Ping An launch Chinese proptech program

JLL, Swire Properties and Ping An Urban Tech have jointly launched mainland China’s first corporate accelerator program that focuses on property technology.

Wei Baisong, chief technology officer at Ping An Urban Tech, said, “We are providing an opportunity to urban innovators to test their solutions in Chinese Mainland, specifically technology solutions that can change the urban planning, real estate and infrastructure industries. With the spirit of a financial services firm, Ping An Urban Tech also hopes to find a model that can seamlessly integrate these technology solutions with its finance and technology ecosystems. We hope to form an urban ecosystem that can benefit our customers and partners in the long run. I think UrbanLab is a good starting point.”

Named UrbanLab, the initiative aims to foster and further develop promising tech companies in the dynamic Chinese proptech ecosystem, with the goal of creating innovative technology solutions for the real esta