Utilising, optimising and reaping the full benefits of proptech

Singapore

PROPERTY technology (proptech) is disrupting the way buildings are managed. The built environment industry is applying proptech to enhance the performance of buildings, to reduce risks and the cost of maintaining a building.

But while it is exciting and presents tremendous potential for transformation, it can be hard for property owners to navigate the myriad of proptech possibilities without the right strategies.

Given the high capex on technology, it is reasonable to expect property owners and landlords to use proptech to drive maximum value out of every dollar spent on an asset, but these concerns are steadily shifting to the need to use proptech to provide quality user experience.

Cushman & Wakefield recently surveyed over 100 office asset managers, development managers, leasing managers and technology specialists across the region including Australia, China, Hong Kong and Singapore.…