Proptech Challenges in the Sphere of Property Industry Cover Image

PROPTECH предизвикателството на технологиите в сферата на недвижимите имоти
Proptech Challenges in the Sphere of Property Industry

Author(s): Konstantin Bobchev
Subject(s): Economy, Business Economy / Management, ICT Information and Communications Technologies
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: proptech; life cycle; property industry; innovation; startup

Summary/Abstract: Property technology (proptech) is a hot topic in the property market, but what actually is proptech? What does the technology for the property market offer? Which are the examples of proptech? Which are the proptech opportunities? When does the proptech arise and how it develops on the European and on the Bulgarian market? How will PropTech change real estate? Being an important part of the wider digital transformation it is taking place in the property industry and leads to a change in mentality for the entire property industry and the way transactions and movements are taking place. Proptech, a portmanteau of property and technology, promises to change the world of development and planning, it involves the blending of information technology and real estate, creating platforms such as web interfaces, apps, and tech tools that aid in planning and development processes.

  • Issue Year: IV/2020
  • Issue No: 2
  • Page Range: 103-111
  • Page Count: 9
  • Language: Bulgarian