Online markets are biggest disruptor in property, Altus survey finds
CRETech
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1 minute read
Six out of 10 senior executives in the world’s biggest real estate firms believes the rise of platforms that cut out agents and other intermediaries will cause major disruption in the years ahead. Software giant Altus Group surveyed 400 senior executives at some of the world’s largest real estate firms, each with at least $250m assets under management and representing a total AUM of more than $2tn.
The findings reveal the expectations of the industry’s leaders on the impact of disruptive technology in real estate:
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