How soon will AI transform the property investment industry??>
Institutional property investors seem optimistic about the future of Artificial Intelligence within the sector with a new report indicating that two-thirds of institutional investors expect the technology to be widely adopted in the real estate sector by 2022.
Property has in the past been relegated for fintech solutions due to the requirement for physical inspection, making this asset class less suited to digitisation than other types of borrowing. Now though many institutional investors believe AI will have an impact sooner than ever and will transform the sector.