Proptech is the big buzzword in real estate and for good reason: It’s disrupting just about every aspect of the industry and interest is at a fever pitch. Global investment in proptech companies has grown from US$1B in 2012 to US$18B in 2018, according to the latest numbers by Statista. So exactly what is proptech? It’s a broad term that includes everything from data, AI, machine learning, mobile apps and robots to flex office space and co-living residences. At the core of any proptech company, information technology is being used to disrupt the way buildings are designed, constructed, managed, used, purchased, leased and sold.