Tree Hugging Real Estate Tech

Ergita Sela/Unsplash

The real estate sector is finally talking about the environment. 

More so because without exhibiting ESG (environment-social-governance) initiatives, it will become tough for real estate firms to source funding in the near future. 

And your mother will confirm that technology always follows investment. 

Proptech For ESG

Between ​​cloud applications, real-time sensors and management systems, proptech poses a unique opportunity to streamline data gathering, auditing and reporting in real estate. 

Leveraging Data For Efficiency

Housing, which accounts for roughly one-third of the built environment's electricity consumption, often lacks high-quality, real-time data at scale - critical info that can be used to understand the true energy footprint of a building and save lots of power, for instance.

Enhancing Occupier Experience

Real estate tech ensures that better living and working conditions aren’t reserved for the elite. 

For occupiers uninterested in spending extra for smart speakers, video doorbells, IoT or virtual assistants, properties which come preinstalled with the latest smart office/home technology can be productivity enhancing.

Creating A Feedback Loop

Because proptech enables property managers and owners to communicate with tenants, the same tech could be applied for local authorities to relay critical messages to communities/business districts - lockdown data or freak weather forecast, for example.