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Proptech is all the buzz, just not yet in Asia

Altus survey shows property firms in Asia are less optimistic than rest of the world about its potential

Published Sun, Jan 7, 2018 · 09:50 PM

Singapore

ARE VENTURE capital funds and commercial real estate companies jumping onto the property technology (proptech) bandwagon without real conviction about its benefits?

A recent survey by consultancy Altus Group reveals an incongruity between bullish proptech projections and commercial property companies' actual attitudes towards the potential of proptech to disrupt in the industry.

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