Investor views on using proptech
Areas for the use of proptech are advancing rapidly, enabling capital allocators to dig deeper into their investment decisions. From machine learning and digital twins to occupancy management systems, a wealth of tools are available now. Which tech should real estate investors be using? And what hurdles still exist in their adoption?
These and other questions were addressed in a recent virtual roundtable on using technology hosted by Institutional Real Estate, Inc. The in-depth strategy session with institutional investors, consultants and investment managers was moderated by Reno Sio, managing director, Asia Pacific, at IREI. Key takeaways included the following:Despite technological advancements, investors see a lot of challenges with getting high-quality and standardised data to analyse performance, with the perennial challenge being able to do predictive analysis in a timely manner. The biggest roadblock involves data integrity and data organisation