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ARTICLE · 12 SEPTEMBER 2024

Top Five Things To Know About Proptech In Canada

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We are in the midst of a digital transformation of all aspects of the real estate industry, including development, marketing, transactions, financing and management. The convergence of property and technology.

CanadaReal Estate and Construction
Natalia Iamundo
Natalia Iamundo
Michelle F. Yung
Michelle F. Yung
Matthew Flynn
Matthew Flynn
J. Sébastien Gittens
J. Sébastien Gittens
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We are in the midst of a digital transformation of all aspects of the real estate industry, including development, marketing, transactions, financing and management. The convergence of property and technology, known as "proptech," presents exciting opportunities for industry stakeholders, along with distinct legal considerations that need to be addressed.

Canada is a leading proptech hub, hosting more than 500 active proptech startups that are reshaping the landscape of commercial real estate, residential real estate, and construction technology. While 40 percent of these startups have been founded in the last five years, the industry is entering a phase of maturation, with the top 25 startups raising at least $30 million in funding.

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