The need for remote working and task automation to cut infection risk is boosting adoption, but proptech shouldn’t just be about damage limitation.
According to MetaProp’s recent survey, 89% of proptech investors believe that the current pandemic will accelerate adoption in the real estate industry. A hint as to the sheer weight of this transition comes from CBRE, which found that 88% of its European occupiers are now planning to make investments in technology to facilitate future remote working. Property Week’s Power of Proptech survey also highlights that 82% of real estate industry respondents are looking to invest in home-working and digital meeting tools in the immediate future, while the second-strongest preference (50%) is for technologies that foster stronger digital links with the marketplace.
