October 21, 2019
Can real estate tech return more than just investment?
Commercial real estate has had a long-standing reputation for being desperately behind today’s technology-driven world, with its functions lagging behind other sectors’ technological development and progress. However, over the past 10 years, the rise of the entrepreneurial class within real estate, fuelled by venture capital investment, has generated a new global real estate tech movement, that is not only changing the perception of the real estate industry but has the potential to transform it. Mark Grinis, EY Global Real Estate, Hospitality & Construction Leader, explains.