COVID-19 Impacts PropTech

Toronto real estate sales plunge as virus weighs on market: Realtor ( Greg Bonnell, bnnbloomberg.ca)

Canada’s largest real estate market “hit the brakes” in the last full week of March as sales plunged and sellers pulled listings in the face of the COVID-19 crisis, according to a Toronto-based realtor. What had been a gradual softening in Greater Toronto Area sales after a strong February turned decidedly negative last week, with […]

Europe Fintech PropTech

Europe’s A/O PropTech is a new €250M fund dedicated to companies disrupting real estate (Steve O’Hear, techcrunch.com)

A/O PropTech is a new European VC officially launching today, after raising €250 million of so-called “permanent capital” to invest in technology companies disrupting real estate. It’s this “permanent” approach—seeing the firm structured more like a corporate with various shareholders, rather than a traditional venture capital fund that typically has a life cycle of 2-5 years—which […]

AI & ML PropTech xTech

The Top PropTech Trends: 6 Technologies Disrupting The Property And Real Estate Industry (Bernard Marr, forbes.com)

No industry is immune to technological advances, but real estate is one niche that has been traditionally slower to adopt new trends. Not any longer! PropTech is booming and changing the way we buy, sell, and interact with our properties. I have recently been to ProbTech events to deliver keynotes, and more and more companies in […]

PropTech

The Future Of Real Estate Tech: Nine Outlooks On What’s Ahead (forbes.com)

In recent years, modern technology has empowered the real estate industry, offering advantages through efficient and convenient tools like online listing websites, virtual tours and e-signatures on sale documents. However, there’s still plenty of room for improvement, and forward-thinking experts are getting excited about the potential of new and upcoming tech solutions that will revolutionize familiar […]

PropTech xTech

2020 vision: predictions for the year ahead (part 17)

At the beginning of a new year and decade, property’s leading lights reveal their hopes, expectations and resolutions for 2020 in the second of a two-part special. Patrick McMahon Senior partner, Bidwells The Oxford-Cambridge Arc is of paramount importance to the UK, contributing an estimated £116bn each year to the economy. I hope Boris Johnson […]

PropTech

Where Will Proptech Money Head in 2020?
(Deidre Woollard, MillionAcres.com)

Proptech, short for property technology, is an umbrella term for venture capital investments in the real estate sector. Like fintech, it encompasses a wide variety of start-ups that focus on both iterating on existing processes and finding new ways to transact, build, and manage both residential and commercial real estate. This year saw billions of dollars from […]