Evidence-based Tool for Proptech Investments (ETPI): for energy and resource efficient facility transformation

This project aims to develop an Evidence-based Tool for Proptech Investments (ETPI) that guides real estate managers' decision-making and supports new (start-up) proptech firms to clearly articulate the value created by their solutions.

The commercial real estate industry is transforming from simply offering space to tenants into providing an array of digital services that include energy efficiency and tenant well-being.

These new, value-added services are typically developed by proptech firms with expertise in software development but with limited expertise in facility management.

A pre-study identifies an information and knowledge asymmetry where the real estate firms (e.g. facility managers, technicians and tenants) have a hard time assessing the potential of proptech offerings. This asymmetry slows the diffusion of proptech for energy efficiency and sustainability. This project aims to support the dialogue between proptech and real estate firms to accelerate proptech diffusion.