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APACCIOOUTLOOK.COM

PROPTECHEDITIONZWEISPACE
SHAPINGTHE REALESTATEWORLD OFTOMORROW$15October - 2019$15

Hayato Kameta,
March - 01 - 2019CEOCOVER STORYZWEISPACE
SHAPINGTHE REAL ESTATEWORLD OFTOMORROWT

By Annie Johnson

he global real estate market has witnessed a dramatic shift inits operations, driven by ever-changing technologies, state ofeconomy, government legislations, and investor behavior. There
was a time when real estate agents were the sole wardens ofproperty information, and contacting them was always the firststep in an investor’s or home buyer’s journey. Along the way, the advent of
the internet and online world upended everything. Organizations in the realestate landscape began using websites to post property listings, which gavebuyers ready access to every kind of information they needed. The consumers
became more sophisticated and well-informed than before, and they could
easily browse through listings, find houses, and narrow the search on their own.
This evolution forced real estate organizations to redefine the way they work.
As they look to modernize their business, implementing advanced software
applications are instrumental in improving their sales, marketing, and revenue.

12 October 2019

TOP 10PropTech
SOLUTION PROVIDERS - 2019

Our ultimate
goal is to add
value to rental
property while
making the realestate industry
one of themost advanced
industries acrossthe globe$15

Hayato Kameta,
CEO March - 01 - 201913 October 2019

One company that is revolutionizing the industry with its powerfulreal estate technologies is the Tokyo-based Zweispace.
The Path to Modernization
The successful journey of Zweispace traces back to 2015 when Hayato
Kameta, founder of Zweispace, was the CEO at ARK, a renowned realestate company in Tokyo. During this period, he observed several pain
points that organizations were facing in the real estate space. Most
business operations and sales were carried out manually, which resulted
in unexpected delays and high transaction costs. As real estate is aphysical asset with three-dimensional perspectives, there are numerous
considerations such as location, risk, and demographics for realtors toevaluate. Assessing all these factors using a traditional approach to sella property was a tough row to hoe.

Looking at the status quo of real estate business from closequarters, Kameta decided to develop technology solutions that address
the challenges in the sector. Drawing on his broad academic andprofessional experience in 3D CAD, internet, telecom, finance, and realestate industries, Kameta created top-notch applications using advanced
technologies such as AI and blockchain for all aspects of the real estatebusiness. Zweispace’s real estate and construction apps overcame all thechallenges associated with the traditional approach and set the wheels inmotion for the company. “Our ultimate goal is to add value to the realestate space through the power of technology making it one of the mostadvanced industries,” states Kameta.
Driving Innovation Forward
Over the years, Zweispace has patented numerous innovative real estateapplications. AutoCalc, an AI architect and appraiser for realtors, isone such innovation capable of evaluating the maximum use of a given
piece of land. To start with, the user has to upload an image of the landalong with other information regarding regulations, and material to be
used for the structure such as wood, steel, or reinforced concrete to thecloud-based AI app. By using this information, the user can create an
14 October 2019

accurate 2D and 3D floor plan to construct
the building. AutoCalc also calculates rent,
total asset value, construction cost, NOI(cap rate), and value of the property, alongwith the value of the land itself. As a part oftheir real estate solutions, the company has
also developed a property rental and leasing
portal for large and small realtors, which hasmore than 400,000 properties already listed.
By partnering with small realtors nationwide,
they have covered most of the prefectures inJapan.
As Japan is prone to earthquakes, realestate organizations often seek tools to protect
buildings against seismic threats. Zweispace
has developed a free app called Namazu, a
blockchain-powered earthquake detection
and simulation system that can measure
the earthquake resistance of a particularbuilding and provide the potential loss
statements. The company’s groundbreaking
technology also integrates with building
sensors to precisely predict the damages that
could be caused by natural disasters to help
construction companies design buildings thatcan withstand nature’s fury.
Along with natural disasters, Kameta isalso tackling a different problem associatedwith the nation’s aging population that will
impact the global real estate market overthe next decade. To put it simply, nearly
one out of every three households has anolder person, who will have to eventuallytransfer the ownership of the property. With
that in mind, Zweispace is in talks with law
firms in Japan to offer trust-related services
using their smart contract solution. “Ourpatented smart contract solution is efficientand cost-effective and can lower the hurdleof onboarding seven million potential
customers,” reveals Kameta. The company
has tested and patented its property registrysystem and aims to be the key platform forproviding software and knowledge to the realestate industry.
Modernizing Real Estate
By blending real estate and technology,
Zweispace has proven to be invaluable to realestate organizations as it creates investment
opportunities that add immense businessvalue. A majority of the company’s clients

Our patented
smart contract
solution isefficient andcost-effective,
and can lower
the hurdle ofonboarding
seven million
potential
customers
Hayato Kameta,CEO

are large enterprise realtors, home/apartment builders,
and leasing agents across Japan. The effectiveness ofZweispace’s robust applications can be well illustrated
with a client success story. Zweispace assisted a Tokyobased apartment builder to find opportunistic land andbuild new apartments by projecting a floor plan that will
garner maximum rent. To this day, they have sold severalapartments worth 100 millions of dollars among which 50
apartments valued approximately at two million dollars
were in central and suburban areas of Tokyo.
Steering ahead, Zweispace is all set to develop Namazu
2.0, which will allow building designers to accumulate
information about the relative displacement between two
adjacent stories of a shaking building. “Integrated with
virtual 3D simulation and physical motion detector, ourapplication helps engineers study the possible cracks of thebuilding with the help of AI algorithms to design a better
structure. In fact, the application also lends a competitiveedge to the insurance industry, helping them insure their

existing assets more accurately,” explains Kameta. Thecompany also intends to extend its footprint in Asian
countries and is actively looking for partners or investors
to expand their real estate apps and platforms. As a partof their expansion plan, Zweispace is already catering
their solutions to regional banks, large construction andinsurance companies.
Zweispace is on a mission to disseminate the value ofblockchain in real estate business and help organizations
harness its maximum benefit. The company, incollaboration with its partners, has recently launched a yendenominated app token as well as real estate ownership
tokens. The current applications will cover various aspectsof real estate such as recording of titles, leasing contracts,and even critical details such as earthquake information.
“These global networks of cryptocurrency will help us stayahead of the curve in all aspects of real estate transactions,
including finance, sales, and registrations,” concludes
Kameta.
15 October 2019

PROPTECH EDITIONAPACCIOOUTLOOK.COM

OCTOBER - 15 - 2019

Top 10 PropTech Solution Providers - 2019

Due to digitization efforts in various industries,
the real estate market also attracted its shareof technology incumbencies. While there
exist a plethora of solutions for real estatetechnology developed by PropTech firms,
several essential trends will shape the marketplace in2019.
Blockchain has had the most significant impact on thereal estate sector by revolutionizing the way transactions
are made. Blockchain will add liquidity to the property
market and enable real estate transactions to be madein a more straightforward and less regulated system. Big
data helps the real estate sector in finding the wants,needs, and even the interest of users to better adapt
to their profiles. Today companies are utilizing big data
to make better decisions and strategic business moves.
With geolocation tech, real estate developers can now
make far more accurate valuations so that decisions on

Zweispace Japan

how much might be spent on property become less ofa game of chance and more of a practical, economicsbased strategy. The use of technologies like AR/ VR anddrones can radically enhance the customer experience
while choosing, managing, and using any property. VR
can allow potential home buyers to be shown a homeeven from thousands of miles away, without theirneeding to leave their current location. AR apps can also
let an agent highlight or more intimately describe partsof a home to a touring prospect.
PropTech is shaping the future of the real estatemarket. This edition of APAC CIO Outlook featurescompanies that are at the forefront of offering PropTechsolutions. APAC CIO Outlook’s editorial board hasassessed and shortlisted some of the most prominentorganizations in the industry such as Zweispace, Galileo
Software Services, and AES Technologies. We present toyou – “Top 10 PropTech Solution Providers – 2019”.

Company:

Key Person:

Zweispace Japan

Hayato Kameta
CEORecognized as
TOP 10PropTech
SOLUTION PROVIDERS - 2019

The annual listing of 10 companies providing
PropTech Solutions in the APAC region

Annie Johnson
Annie Johnson
Managing Editor

Description:
Zweispace Japan isrevolutionizing the realestate industry with its
groundbreaking applications
that improve the revenue
stream for realtors

Website:en.zweispace.co.jp