PropTech

The real estate industry in transition

Authored by: Marc Feth

The Routledge Handbook of FinTech

Print publication date:  June  2021
Online publication date:  June  2021

Print ISBN: 9780367263591
eBook ISBN: 9780429292903
Adobe ISBN:

10.4324/9780429292903-27

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Abstract

In the past, real estate investments were considered safe and long-term. Technological innovations influenced the sector only slowly and decision makers were unwilling to change their customary business practice. However, in recent years technological developments set off a wave of innovations. This chapter provides an overview of the current transitions in the industry. Hereby, the three PropTech subcategories Real estate FinTech, Smart real estate, and Shared economy real estate are explained in more detail and underlined by real life examples.

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