PropTech is helping the real estate investors find new opportunities with reduced risk during pandemic
The global commercial real estate segment has now grown into an important market for both official investors and others. Many policies and growths favoring investors have contributed heavily to the real estate segment’s growth. Even though countries were under pandemic-induced lockdown, the commercial real estate segment continued to grow, and it picked up speed in Q1 of 2021. Even though the initial phase of the pandemic had slowed down the growth of the real estate segment, it came back to form with ease as the companies embarked on growth trajectories. Various reports from the industry suggest that the real estate segment grew by more than 21 percent in the Q1 of 2021. Even though the second wave of the pandemic had halted the progress, the investors did not step back.
Fraction ownership gained immense popularity, and with PropTech platforms offering best-in-class services, a safe investment haven was created. People who invest in commercial properties enjoyed new opportunities with reduced risk and optimized returns. It is a well-known fact that the commercial real estate segment is crowded, and relators are striving to find new opportunities. PropTech helps the investors in the diversification of portfolios across locations and asset classes.