What is PropTech?
Property Technology in short PropTech are property specific tech solutions. The term is commonly used in Europe. Whereas Commercial Real Estate Technology or CRETech is covering the entire Commercial Real Estate Ecosystem including FinTech, Blockchain, Data, Smart Cities etc. PropTech’s are defined as startups offering technologically innovative products or new business models for the real estate markets. But what do they have in common, PropTech brings innovation and disruption to the property market.