Real estate is the largest asset class in the world; it’s everywhere around us: where we live, play, work, stay and create. It impacts anyone and everyone, globally.
Due to its structural nature and size, the real estate sector is not comparable to any other industry. It is by far the largest asset class in the world, it is also a fragmented and distinctive ecosystem, with most players welcoming the relative lack of transparency and efficiency. However, with increasing pressure from customers, investors – and to some degree regulators, the transformation of the real estate sector is gaining momentum, bound to have a significant impact beyond the industry itself. It is a secular mega-trend and a generational opportunity that lies ahead of us.
Real Estate has no choice but to reinvent itself into a more digital, data driven, consumer-centric and climate-conscious asset class.
Today we announce our official launch, with EUR 250mn permanent capital. We back and support emerging-technology companies, enhancing the real estate industry at large with a clear ambition to transform the sector as we know it.
We have been operating for about a year now, preferring to remain in stealth mode to continuously shape our thesis, scale our platform and close our first series of investments. To date, A/O PropTech has backed 10 companies, in Europe, the USA, and Israel including Bricklane, Fornova and most recently Plentific – leading a $32mn Series B round in late 2019.