Hitachi Elevators and Escalators supports first virtual edition of PropertyGuru Asia Real Estate Summit

The world’s foremost vertical transportation provider and maker of the world’s fastest elevator gets into the ‘Spirit of Innovation’

The PropertyGuru Asia Real Estate Summit 2020: Virtual Edition premiered 3 December on and online platforms, bringing a diverse roster of thought leaders, innovators, disruptors, and other experts before a global audience.

The tech and thought leadership platform of PropertyGuru, Southeast Asia’s leading property technology company, featured representatives of global institutions and multinational brands as well as vanguards of sustainability. This year, the summit adhered to the theme of “Spirit of Innovation”, informed by conversations on climate change, green building, and the post-pandemic new economy.

Hitachi Elevators and Escalators is no stranger to innovation itself. The renowned vertical transportation provider and sponsor of this year’s summit continues to test the limits of sophistication in the manufacture of elevators, escalators, and moving sidewalks. Its ultra-high-speed elevator in Guangzhou CTF Finance Centre recently broke the record for the world’s fastest elevator, traveling at speeds up to 1,260 m/min (75.6km/h).

“Hitachi’s elevator recorded the world’s fastest speed with its advanced technology,” said Prakasit Phornprapha, director of Hitachi Elevator (Thailand) Co., Ltd. “However, speed is not the only thing that shows our technology and capability. Today, the Hitachi elevator and escalator business also has entered a new era.”

More: PropertyGuru Asia Real Estate Summit assembles green and climate heroes to tackle sustainability

Aiming to strengthen their Social Innovation Business over the coming year, Hitachi will further expedite travel time on its elevators and escalators via face recognition or sensors. It will then integrate usage data gathered from the elevators and escalators with other building systems and devices – via the Internet of Things (IoT) or artificial intelligence – to better predict consumer behaviour.

“In this sense, Elevators and Escalators are no longer just ‘one of the building facilities’ but important keys to make your buildings more valuable not only for users but also for management,” Prakasit said.

Hitachi Elevators and Escalators is also one of this year’s line-up of exhibitors within the “virtual world” of the summit, which include the following organisations:

PropertyGuru China Solutions – provider of a suite of tailored sales and marketing solutions that connect, drive, and engage with Chinese real estate agents and targeted property seekers across China

PropertyGuru FastKey – a real estate CRM solution service provider that is designed to help real estate sales teams close sales quickly with their prospects

Baan Dek Foundation – provider of access to education, health and safety services for the most vulnerable children living in urban slums and construction site camps in Thailand

Right to Play – a global organisation that protects, educates and empowers children to rise

JLL – leading professional services firm (and Fortune 500 company) that specialises in real estate and investment management

Green Building Consulting & Engineering – an award-winning, Thailand-based design consultancy supporting project teams in the design of high-performance buildings that improve people’s well-being while preserving the planet

igloohome – creator of award-winning keyless access solutions for smarter living and smarter cities

EDGE – an innovation of the IFC, a member of the World Bank Group, that helps property developers to build and brand green in a fast, easy and affordable way

Pomeroy Studio – an award-winning international team of designers and thought leaders of sustainable built environments

RedFox AI – a start-up that helps biotech companies embrace the innovative power of voice technology to dramatically improve the patient in-home testing experience, resulting in increased patient satisfaction and more effective testing

RIZOME – leader in climate-positive bamboo construction and pioneer in the use of bamboo in over 500 US residential developments

Sensgreen – an AI-powered tech company that regulates indoor environmental conditions in commercial real estates

SOURCE Hydropanel – maker of a one-of-a-kind renewable water technology that uses the power of the sun to extract clean, pollutant-free drinking water from the air

Switch Automation – a global proptech company that helps property owners and facility managers reduce operating costs, improve energy efficiency and deliver exceptional occupant satisfaction

Liter of Light – a global, grassroots movement committed to providing affordable, sustainable solar light to people with limited or no access to electricity

The PropertyGuru Asia Real Estate Summit 2020: Virtual Edition is supported by sponsor Hitachi Elevators and Escalators; official portal partners,,, and; official innovation partner PropertyGuru FastKey; official magazine PropertyGuru Property Report; official PR partner Artemis Associates; media partners APAC CIO Outlook, Asia PropTech, CMO Asia, Future Trends,, Jumpstart, Locanation, PropertyInvestSG, and Techsauce; official ESG partner Baan Dek Foundation; and supporting associations Austrian PropTech Initiative, Green Building Consulting & Engineering, and GSX Global Sustainability Exchange.

For more information, visit the official website:

The virtual world of the PropertyGuru Asia Real Estate Summit 2020 will remain open until 3 January 2021 via