On November 17th, 2023, Christofer Fogelberg, the CEO of StartGroup Real Estates, delivered a speech at the SIMED congress in Malaga. SIMED is the largest fair for real estate agencies and promoters in the Malaga province, held annually at the Palacio de Congresos in Malaga. As a representative of the Real Estate guild GIPE, where he serves as secretary of the board, Christofer spoke alongside the European organization of real estate professions CEPI, based in Brussels.

SIMED

During the speech, Christofer discussed the implementation of new software to help estate agencies perform their AML checks with the help of AI on a European level. The use of AI in AML checks can help estate agencies to speed up their customer due diligence measures and limit the risk of being used to facilitate the flow of illicit money. This is a significant development in the real estate industry, and it will be interesting to see how it is implemented in the coming years. The technical part was explained by Geert Rileerts of the software company OptimaSys, who are CEPIs dedicated technological partner. 

In addition to his speech, Christofer had the pleasure of handing out diplomas to a dozen new GIPE members together with vice-president Alfred van Krimpen. This is a testament to the growth of the real estate industry in the Malaga province and the importance of organizations like GIPE in promoting best practices and standards.

Overall, Christofer’s speech at the SIMED congress in Malaga was an important event for the real estate industry. The implementation of new software to help estate agencies perform their AML checks with the help of AI on a European level is a significant development that will help to promote best practices and standards in the industry. It will be interesting to see how this technology is implemented in the coming years and how it will impact the real estate industry as a whole.

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