Real Estate Technology
Real estate technology covers the systems used to design, build, operate and trade property, from modelling and sensors to leasing and payments platforms.
Why It Matters
Operating costs and energy use are increasingly managed through software, which affects both a building's income and its compliance.
Related Terms
- PropTechPropTech is technology applied to property: listings and transactions, building management, construction methods and the data behind valuation and leasing.
- Data Center Real EstateData centre real estate is property built and let for computing equipment, where the valuable features are power, cooling and connectivity rather than floor space.
- NOINet operating income is the rental income of a property after operating costs, before financing and tax.
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