Le Lézard
Classified in: Environment
Subject: Economic News/Analysis

Sustainable PropTech Canada Report Shows $1.5b Invested in Canadian Sustainable Property Technology


Sustainable PropTech, a collaborative think tank of industry leaders in real estate and technology, has released an extensive report on Sustainable PropTech as well as the opportunities and advancements within that field. This is a cohesive and deep dive into Canada's sustainable property technology industry.

Sustainable PropTech, was founded by Deena Pantalone and Joanna Creed, the principals behind Venturon, a Canadian-owned investment group that consults with and makes strategic investments in Real Estate Technology start-up companies. Sustainable PropTech, is a community designed to help the industry navigate through the fast and ever-changing technology landscape and make an important contribution to ESG and Real Estate in Canada.

While the real estate industry has traditionally been slow to incorporate new innovations, that is rapidly changing with the introduction of new technology, products and services that are not only making the property industry more efficient, but also creating opportunities for the industry to be more sustainable. The report shows $326M in was invested into companies in the Canadian Sustainable Construction segment. This could help towards addressing affordability for new home purchasers as well as a myriad of environmental concerns.

The only report of this kind, it includes a comprehensive list of Canadian Sustainable PropTech companies, a Market Map of Canada's Sustainable PropTech ecosystem, expert interviews, and an analysis of current Sustainable PropTech trends.

Sustainable PropTech Co-Founder, Deena Pantalone, said, "We connect the built world of real estate with sustainability experts, tech entrepreneurs, investors, and fresh thinkers. When it comes to protecting the planet, time isn't on our side. That's why our clear mission is to accelerate the achievement of sustainability goals."

Joanna Creed, Sustainable PropTech Co-Founder adds, "This Report brings together a wealth of information, with usable data and important insights designed to help industry players share ideas. Collaboration is how the digitization of real estate can be accelerated, and our goal is to create real change."

For more information on Venturon, visit www.venturon.com.

To receive the Sustainable PropTech Canada Report 2022, visit www.sustainableproptech.com.

ABOUT SUSTAINABLE PROPTECH

We are Sustainable PropTech, a meeting of minds where you can learn, connect, collaborate, and create the next generation of PropTech. Our community of innovators, forward-thinking individuals and thought leaders represent a full spectrum of organizations with commitments to strong ESG criteria.

We connect the built world of real estate with sustainability experts, tech entrepreneurs, investors, and fresh thinkers with the clear mission of accelerating the achievement of sustainability goals. Our platform helps innovators and thought leaders interact and share ideas that can create new innovations and real change.

SUSTAINABLE PROPTECH REPORT SPONSOR QUOTES:

"We're starting to see a shift in the way property technology is adapting to improve building sustainability and meet building operator needs. The application of design principles such as digital twins and Passive House will set the stage for the future of sustainable urban development,"

Mansoor Kazerouni, Global Director, Buildings, IBI Group

"We've seen a growing focus by the real estate community on PropTech solutions as an enabler to assist in solving business issues. With real estate companies increasingly recognizing the urgency to accelerate their decarbonization efforts and the measurement of related efforts, sustainable PropTech will play a key role in addressing an emerging challenge today. We are proud to support the SUSTAINABLE PROPTECH CANADA REPORT that is filling the need for more information about sustainable PropTech and the innovative solutions that can help."

Fred Cassano, National Real Estate Tax Leader at PwC

"ESG and technology are really relevant factors for young people entering this industry and becoming more progressive. So I would say pay attention to it, become knowledgeable and associate with people that really know what they're talking about. Because this will be one of two or three things that shape our industry over the next few decades."

Gary Whitelaw, former CEO, BentallGreenOak

"You all are onto something really interesting and important. Real estate is going through a major disruption, and you are on it."

Richard Florida


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