The real estate sector has seen tremendous change in recent years, owing to the rapid progress of technology. Proptech, or property technology, refers to the creative application of technology in the real estate business.
Proptech is altering the way the business operates, from virtual property tours to blockchain-based transactions. In this article, we will look at some of the important proptech developments that have the potential to disrupt the real estate sector and create new opportunities for industry participants.
In Property Viewing, Virtual and Augmented Reality
The property viewing experience has been transformed by virtual and augmented reality (VR/AR) technologies.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.
