Proptech: global real estate development impact 2019

In 2019, about 42 percent of real estate development experts said that Smart Building technologies have the potential for significant impact on efficiencies and how development is conducted globally. As for the process automation, 56 percent said that it has no or minimal impact on the development industry.

Impact of selected emerging technologies on real estate development worldwide in 2019

Characteristic	No or only minimal impact on development industry	Potential for significant impact on efficiencies and how development is conducted	Will create major disruptive changes in the development industry
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Release date

February 2020

More information

Region

Worldwide

Survey time period

2019

Number of respondents

417 respondents

Special properties

property development C-level and senior executives in both front and back office positions at property development firms and owner operators and owner investors with property development divisions in North America, Europe, Middle East, Asia Pacific and Latin America

Supplementary notes

*Intelligent building design implies using Artificial Intelligence and Machine Learning.

**Process automation of contracts, workflow, proformas/feasibility, procurement.

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