Property technology (proptech) has disrupted real estate by digitising processes and enhancing data-driven decisions, forcing a traditionally slow industry to evolve towards greater transparency, efficiency, and accessibility.
Michael Lenz, CEO, TransBridj, says that key areas of disruption include AI-powered analytics, blockchain for transactions and digital funding mechanisms.
“While the evolution is staggered, the real estate industry is approaching a critical junction. While some are still discussing digital transformation, we’re starting to see proptech change from a once “nice to have” to “business critical.”
The Proptech industry has been transformational for commercial real estate, making the process more efficient, predictable, and ROI-focused.
Technology will continue to change and improve how real estate operates. Those willing to take advantage of tech-related trends, from AI’s transformative impact to the increased use of tech to manage funding, will be ahead of the pack.
The ability to adapt and take advantage of opportunities will be essential for real estate executives looking to thrive in the current environment. Lenz says that leaders in the real estate industry must look to act on medium to long-term decisions informed by data driven insights. “It is not about tomorrow but a year or more down the line.
Lenz’s perspective speaks directly to the reality that success in today’s property ecosystem is no longer built on short-term wins, but on deliberate, forward-looking decisions. “Setting a business up for sustained success means moving beyond reactive thinking and embracing strategies that are informed by data, trends and behavioural insight.”
He says that leaders who focus only on immediate outcomes risk being caught out by market shifts, regulatory changes or evolving client expectations. By contrast, those who plan a year or more ahead are better positioned to build resilience, protect margins and create smoother, more predictable outcomes across their operations.
“Embracing digitisation is a critical part of this long-term mindset,” says Lenz. Digital platforms allow businesses to capture, analyse and act on real-time data, turning everyday transactions into valuable insight. For sellers, attorneys and realtors, this means greater visibility over deal progress, fewer manual touchpoints and a clearer understanding of where delays or risks may arise.
“Over time, these efficiencies compound, freeing up capacity to focus on higher-value work such as client relationships, pipeline growth and strategic planning, rather than administrative firefighting.”
Digitisation also enables smarter decision-making. When data is centralised and accessible, leaders can identify patterns, anticipate bottlenecks and make informed adjustments well before issues become problems. This forward planning supports stronger cash flow management, more reliable timelines and improved client confidence.
“Ultimately, acting on medium- to long-term, data-driven insight is not about chasing technology for its own sake, but about building a business that is agile, scalable and ready for what the market will demand next — not just tomorrow, but well into the future,” says Lenz.