Last year
saw the globalisation of the rapidly maturing proptech sector.
With a boom in start-ups across Europe, Asia, South and Central America, Canada and Australia, New-York based real estate accelerator and investor Metaprop NYC predicts that the number of proptech companies across the globe will double over the next three to five years.
But quantity doesn’t equate
to quality. And with a spate of M&A announcements expected this year and
beyond as the sector continues down an inevitable path of consolidation, what
do the start-up founders and investors really think the future of the sector is
likely to be? Will proptech continue to be a lucrative, growing asset class for
risk tolerant investors? Or has activity reached a natural peak?