proptech
Noun
Meaning
proptech (uncountable)
The application of information technology to real-estate markets.
Examples
In terms of assets and quality, PropTech startups in Luxembourg can compete with other market players.
By improving current economic models or integrating disruptive solutions, PropTech players reinvent dated methods still used in the real estate industry.
These disruptive trends and transformative economic models will have impacts beyond the PropTech sphere.