Property management, the oversight and administration of real estate assets, is undergoing a profound transformation driven by technological advancements. This shift is not only improving operational efficiency but also enhancing the experience for all stakeholders involved in the real estate ecosystem.
In regions prone to earthquakes, commercial buildings are particularly susceptible to structural damage.
We recently explored the real estate industry in Asia Pacific and why it offers vast potential for PropTech solutions. Now we look at the some of the PropTech adoption trends and why there seems to be a lower volume of VC investment compared to the US and Europe.
The Asia Pacific region presents a massive market opportunity for PropTech due to its population, rapid urbanization, and increased demand for real estate services.
JLL Spark’s investment into Re-Leased, a commercial property management platform, addresses the challenge many companies face in developing their business processes.
