Cities in Asia Pacific are getting smarter, but they must be ready for the cybersecurity risks that accompany the growing adoption of tech-enabled real estate and infrastructure, according to the report Clicks and Mortar: The Growing Influence of Proptech.
Commissioned by JLL and authored by Tech In Asia, the report analyzes the convergence of real estate and technology in 13 markets across the region and the ways that emerging technologies are being applied to connect urban real estate, infrastructure and services.
‘Smart city’ initiatives are being implemented worldwide with many high-profile examples in Asia Pacific. India has announced its intention to transform 100 municipalities with its Smart Cities Mission, more than 500 cities in China have started their smart transformation, while Japan and Korea already boast smart city projects. Singapore is progressing its Smart Nation vision, which was launched in 2014, and on 18 March, a US$23 million ASEAN-Australian investment fund was announced to support smart cities in South-east Asia.
“Proptech is a key tool in the future development of cities and we in the real estate business have a vital role to play, particularly in…
