The development of PropTech is changing the way people and companies build and interact with the built environment.
Although in 2018 PropTech experienced a 23% drop in investment, reports have found that 60% of PropTech investors plan on making more investments in 2019.
PropTech is effectively changing the way people and companies build and interact with the built environment.
One key value proposition of PropTech is that it can help make buildings more efficient.
PropTech Companies using Big Data Re-leased: Re-leased is a cloud-based platform company that centralizes a building’s data in one system.
PropTech Companies with a BIM focus: WiseBIM: WiseBIM digitizes 2D drawings into 3D building information models.
PropTech adoption is expected to accelerate, leading to improved decision-making, building performance, investment returns, and tenant engagement.