Property Council Proptech Survey

Technology reinvents real estate

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Big data is expected to have the greatest impact in the industry, but the key to success is to really start small - by fixing data you already have. That’s the key takeaway from the latest Property Council-Yardi proptech survey, which captured the insights of senior leaders from across Australia.

While big data and AI promise powerful analytics, better decisions and increased efficiency, systematic adoption in the real estate industry remains fragmented. How so? Changing existing behaviour still remains the biggest obstacle to proptech adoption – outstripping resource, time or cost constraints, or confidence in project success.

However, things are looking up. Eighty-four per cent (84%) of respondents to our survey noted that the pandemic had influenced their technology investment plans. Seventy-seven per cent (77%) say technology will play either a “major” or “significant” role in reshaping real estate portfolio management practices over the next three years.

The overriding lesson from the Covid-19 crisis is that the world is now consistently inconsistent. Things can, and do, change overnight. Preparing for ongoing unpredictability requires new systems and processes.

Download the special report to find out:

  • How significantly did the pandemic impact plans for workplaces and portfolios?
  • What is the level of importance businesses have placed on technology in reshaping their workplaces within the next three years?
  • Has the perception of Australia trailing the rest of the world in terms of real estate tech adoption changed?
  • Is business process automation or big data analytics the next big technological change in the industry?

Please reach out to if you have any questions.

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About Yardi

Yardi is the global leader and leading provider of software solutions for the real estate industry, with over 40 years’ experience globally.
Our solutions help clients manage their “end to end” investment, asset and property management functions more efficiently.

By bringing process to real estate through a single, Cloud-based platform, our clients are connected to their data on any desktop, tablet or mobile device.
They can access the information they need to run their business any time, any place, and know that the data they’re seeing is secure, real time and accurate.
We support portfolios across all real estate verticals, including REITs, office, retail, logistics, coworking and residential.