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| Larisa Birta/Unsplash |
Proptech may help tackle climate change. Does this statement seem a little too out of the box? Only, it’s not.
Here’s how
Proptech is already being used for the property management and construction segments to both streamline and regulate workflows and costs involved in maintenance and development of commercial real estate (CRE).
Technology is helping create buildings with lower carbon footprints and higher energy efficiency. Tech is also aiding the retrofitting of older buildings to make them more sustainable.
Proptech is already benefiting commercial real estate by driving measurement/analysis metrics, up scoring on sustainability, efficiency and overall wellness.
What it could lead to
🍀 More environmentally sustainable buildings.
🍀 Lower carbon footprints and emissions from cooling, lighting and heating buildings.
🍀 Higher operational efficiencies for buildings.
🍀 Lower water consumption, increased reuse and recycling.
The prospects are exciting. More so when you consider the innumerable retrofitting possibilities to make older buildings smarter. From responsible consumption to better metrics, tracking and analysis, expect proptech to play a defining role in future real estate dynamics.
Yes, we need boatloads of new buildings to account for population growth and development, but we need them to be more sustainable too.
That’s where proptech is building a fascinating connection.