Proptech Fun Facts & Insights

Published on
January 11, 2024
July 13, 2023

It's time for another edition of PropTech facts and sector news. A little round-up of Proptech insights we think is worth mentioning and you should know about.


Living SMART

Amazon's recent shutdown of ALEXA, for some, sounded the death knell for SMART home technology and the Internet of Things (IoT). Despite this, we are seeing a resurgence in the quality of technologies in this sphere.

Driven by:

1. Energy cost rises (Micro): Since 2004, the average energy cost per household has seen a significant rise to 2022, with some countries in Europe seeing this increase by a factor of 50x in the period.

2. Energy cost rises (Macro): With the rise in storage technology capability, there is much hope, particularly within the V2X spheres of how connected devices can help manage the demand load on energy generation.

3. Frictionless work experience: With Americans now spending 62% of their waking time at home (compared to 50% pre-COVID), the demand for a frictionless experience is key. SMART-enabled homes that replicate this experience we see as a key future demand area.

No alt text provided for this image
Sector Innovation

Sector Innovation

It has always been slow for the real estate industry to innovate. With the number of data sources and data growing exponentially, it adds to the barriers and challenges to digitizing aspects of manual industry.

AI, much talked about in other industries, does not look like the natural bedfellow for real estate and construction practices. However, all industries rely heavily on data and analytics, and we see a use case for AI complementing existing data science in construction, smart real estate management, designing, property investment and other use cases...

Proptech plays a key role in the industry digitation.

No alt text provided for this image

Oh Lord,

Office Landlords are now having to apply Retail Thinking As laggard cities, such as Manhattan, creep back over the 50% in-office attendance stats, landlords are now zeroing their attention on tenant mix. So many of their iconically-branded tenants, in their shiniest towers, now fall into the category of “high potential for remote work”.

Finance, Insurance, Management Consultancy, Professional Services and Technology, once the darlings of any tower, who commanded building signage rights, are now the sectors that are most likely to slash their in-office presence. The bigger the landlord and the more expensive the square meter, the greater the percentage of representation these sectors had as tenants.

Landlords are now undertaking a serious risk-mitigation approach by diversifying their exposure to these tenant sectors, and are applying an approach similar to what retail-precinct owners have had to do for years, spread betting.


Technology sourcing for Real Estate, it’s what we do.

It’s our profession.

Media archive

Filter by:
Category
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Impact of AR on the Home

February 22, 2024

Sustainability in Construction

February 15, 2024

Proptech Fun Facts & Insights

January 11, 2024

Proptech Fun Facts & Insights

January 11, 2024

Proptech Fun Facts & Insights

January 11, 2024

ESG + Real Estate + Benchmarking

January 11, 2024

Buildings as Batteries

January 11, 2024

What Does Proptech Mean?

January 11, 2024

Building Sustainability

January 11, 2024

Proptech Fun Facts & Insights

January 11, 2024

Brazil Builds

January 11, 2024

Proptech Fun Facts & Insights

January 11, 2024

Proptech Fun Facts & Insights

January 11, 2024

Be smart...choose Smart

January 11, 2024

On fire... tech to the rescue?

January 11, 2024

The Impact of AI, for Real Estate

January 11, 2024

Who are "The Proptech Connection"?

January 11, 2024

Proptech & Housing Affordability

January 11, 2024

Proptech Facts

January 11, 2024

Constructive Changes...

January 11, 2024

Concrete threat

January 11, 2024

Proptech showtime...

January 11, 2024

Proptech (Fun) Facts & insights

January 11, 2024

Industrial Revolution 4.0

January 11, 2024

AI take-over...

January 11, 2024

Powder box

January 11, 2024

It's Electrifying...

January 11, 2024

Proptech Fun Facts by The PTC

January 11, 2024

How do we support the Proptech ecosystem?

January 11, 2024

Multifamily and the Proptech landscape

January 11, 2024

Unraveling India, one mystery at a time

January 11, 2024

Greenwash

January 11, 2024

All the way to zero

January 11, 2024

China 101 & Proptech

January 11, 2024

Proptech highlights by the PTC

January 11, 2024

Trendsetting Tokyo

January 11, 2024

Singapore, the million dollar question?

January 11, 2024

Recovery under construction?

January 11, 2024

The exponential age of technology...

January 11, 2024

In one word: Draining

January 11, 2024

BuiltWorlds 2022 Construction Tech Conference

January 11, 2024

Has Tech Funding lost its shine?

January 11, 2024

IoT - Proptech’s Wordle

January 11, 2024