Use tech to thrive, not just survive – The Property Chronicle
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Use tech to thrive, not just survive

Technology

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.






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