Thanks for reading “Innovation and Proptech News”, a weekly newsletter with news about technology trends, market insights and the latest in the Proptech world. Globally.
This week we highlight two publications in March 2022, by international (news) media where the PTC team has contributed + provided (global) Proptech market insights.
Firstly, please do read this excellent piece of Proptech research conducted by Financial Times backed media platform Sifted. The key highlight for the PTC is the need for a bespoke approach to executing a successful Proptech strategy. Download the full report here: https://lnkd.in/ghbYMsVC.
Stephen Macdonald quote: "If you look at something like fintech, where the use cases are much more aligned and the relationships between the seller and buyer are more direct, that integration or growth is much easier. Proptech is also very broad and quite hard to define, which is a challenge from an investment point of view. There’s a lot of wasted time approaching funds that don’t invest in that technology or at that stage. And because Proptech is not homogenous, it’s very specific to the market and highly linked to the economic cycle of the country or the region"
Secondly, this weekend, an article was published by "FD" ("Financiele Dagblad" - from the Netherlands), where the PTC provided insights how the largest asset class in the world is "going" digital. The PTC partner Ivo van Breukelen outlined how Proptech could address some of the domestic challenges (affordable housing crises as an example) and the size of the opportunity for investors to get exposure into Proptech. Download full article here: https://fd.nl/tech-en-innovatie/1433098/de-grootste-industrie-ter-wereld-wordt-eindelijk-digitaal
Ivo van Breukelen quote: "If you look at the housing market globally, that is more than 25 bigger than all gold ever mined"
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