The Technology Report

As macroeconomic headwinds mount and the private real estate industry adapts its investment focuses, keeping technological advancements high on the agenda has been a challenge. This is reflected in the latest iteration of the Proptech 20, PERE’s annual ranking of managers by capital raised for property technology. The findings reveals that listed firms raised just 13 percent more than the 2022 total – a significant slowdown from the cohort’s 80 percent cumulative increase the year before.

But the economy is not the only priority for managers and investors; sustainability and ESG remain front of mind in order to meet strict net-zero targets, and technology’s role is set to be vital in collating data to reveal how the market can become more environmentally minded.

Read about this and more in our 2023 Technology Report.