PropTech Study

PropTech companies in the real estate, construction and finance sectors. The PropTech innovation evaluation process was developed in Switzerland and is the first process of its kind in the world. It was used in the creation of the International PropTech Standards.

The methodology symbolizes innovation and invention. PropTech Academy developed a new method to evaluate companies according to innovation degree in many categories and with more than 100 criteria in real estate, construction and finance sectors.

Insurance companies play an important role as investors in the Swiss PropTech market.

Mobiliar insurance company, which is based in Bern, acquired PropTech startups Buildigo and Flatfox to build its own ecosystem. Through PropTech network, Mobiliar opens new channels for the insurance services and products. Helvetia insurance company has shares by MoneyPark, PriceHubble and readydata. Houzy has shares by Houzy. The Swiss Life insurance company has shares by Archilyse. The banks or individual investors stay still distanced. The most of the investors do not have experience in the new market: PropTech. PropTech is not only the ICT sector or not only the real estate or construction sector. PropTech is a new common market which contains all four sectors (real estate, construction, finance and ICT). That’s why we should have to have a rethink about the digitization or digital transformation. PropTech academy built the first property technology research center and analyzed the sectors, companies, business models, services and products regularly. It publishes studies, reports and books about the international PropTech market. However, the academy offers investment analysis to the investors. The research center will have an important role and build a bridge between science and business.

The future of the Swiss PropTech market; we are not expecting any Swiss unicorn in the next 10 years. However, the Swiss PropTech market is limited and too small for the unicorns. The most of the startups will be integrated into the established investment companies, or they must build joint ventures. Matchmaking solutions will play an important role in the near future. The classical property listing platforms will lose more market shares. Some of them will be acquired or build joint ventures with competitors to stay alive. Real estate and construction giants will collaborate with the tech sector to build industry best practices. All classical real estate and construction companies will have to use PropTech solutions, such as an immersive reality, data analytics, sustainable products, automated valuation models, workflow management tools, cloud-based solutions, building information and simulation models etc. PropTech companies, which produce software and tools, will create flexible solutions to build an API (application programming interface) ecosystem. The PropTech companies should have to change their mindsets and start to create all in one solution for the lifecycle of building. The cooperations and partnerships will be key features of success and growing.

PropTech Academy and PropTech Switzerland Associations are keeping the leading role as regulator, educator and initiator, and they are building the bridges between market players and institutions.