This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.
Technology is influencing the fundamental functioning of the real estate industry. The way companies operate is changing. Promotes change through the design, planning, execution, and management of buildings, neighborhoods, and cities. It's opening opportunities for new income streams. This influence is expanding at an unprecedented rate.
On the other hand, there are a number of trends that help generate greater interest in PropTech technology; shared housing (driven by housing shortages and high prices) and shared work centers or co-workings (driven by the increased demand for flexibility), both of which depend heavily on technology.
There will be winners and losers. The challenge for the first users is to invest wisely in solutions that provide long-term benefits while remaining relevant to evolving lifestyles.
London leads the way for Proptech
Technology experts say that London is the leading city in Europe when it comes to the use of PropTech technology which in turn drags the construction sector: The UK could provide an extra £ 25bn annually to the UK economy in 2040, but only if its productivity "gap" closes, according to the report Moving to Industry 4.0: A skills revolution.
Although London ranks number one today, it is expected that Amsterdam, Berlin, and Paris close the gap in the next five years according to technology experts. Technology experts believe that London will continue to lead the use of PropTech in five years (39%), but the gap between this and other capitals will become less significant as in Amsterdam (33%), Berlin (32%), Paris (32%). ). %), Stockholm (29%) increases the use of technology in the built environment.
London is also the technological capital of Europe, largely driven by the fact that it attracts the largest venture capital investment in Europe and has a mature technological ecosystem
The reason for this is that other cities are witnessing the acceleration of digital innovation in the real estate sector. Amsterdam, for example, is already developing a series of smart 'neighborhoods', including Strijp-S in Eindhoven and Slim Seingraaf in Duiven, while increasing investment in automated vehicles and intelligent travel systems.
This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.
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