Global firms snag 80% of PropTech funding, more private equity flows to market
CRETech
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1 minute read
International PropTech companies led the path with nearly 80%, or $618 million, in nine deals this month according to data released yesterday in a report by CREtech a PropTech, data and content platform which covers trends in the commercial real estate tech sector.
While the month-over-month report, which provides a snapshot of investment trends, revealed a 73% decline to $775 million in February, the industry has seen a significant boost in investment from hefty global private equity investors.