The future of PropTech is a growing concern as the digital era has reached the Real Estate market. Investors increasingly seek tech-enabled third parties to add more velocity to the conservative Real Estate business models. Many RE stakeholders expected residential and commercial real estate to be significantly impacted by broad technology adoption.
However, as with many changes in rather traditional environments, even with a lot of capital and great talent, the technology disruption is yet to be seen.
It became clearer that only the most versatile companies will be able to scale within the largest asset class in the world.
The most commonly stated barriers to adoption of technology in Real Estate had been the lack of knowledge and training, associated costs and the uncertainty or lack of clarity on the returns of investments and benefits.
The future PropTech is education at the scale of the many Real Estate stakeholders.
PropTech is deemed to be a decisive part of a broader ecosystem, which is bringing about the data and technology transformation of the property industry.
We back innovative entrepreneurs and teams, valuably servicing technology resources within the Real Estate industry.