Proptech could be a game-changer for commercial deals

Blockchain and Big Data are already being used to enhance efficiency in major property transactions, and they could have a much bigger impact in the future

Technology in the property sector appears to be playing an increasingly important part in trading and leasing

While real estate is arguably the largest asset type in the world, there has traditionally been a lack of technology-based innovation. This is more keenly felt when a transaction enters the legal phase. Frustrations arise due to perceived inefficiencies which lead to increased time and cost as well as reduced transaction certainty. Is there any potential for this to improve?

Traditional vs new approaches

Traditionally, the typical commercial property investor in Ireland could be said ...