Taronga Group News

12 of Australia’s most innovative Leading Real Estate Technology companies chosen from over 182 applicants for the inaugural growth program.

What do you think the proptech investment landscape will look like in 2020 and beyond?
The consensus is that this year will see an ever-growing maturity in proptech, characterised by the emergence of clear category winners and consolidation in the space as the ecosystem matures.

What are the top things that stand out for you from 2019?

The investors all agree that 2019 has been yet another bumper year for the sector, which saw investment skyrocket even beyond the wildest expectations they had at the start of the year. According to some estimates, in Q3 2019 global investment into proptech reached $24.6 billion, making $30 billion a plausible target for the year.

The past 12 months have provided a masterclass in the importance of interest rates – and the availability of cash – in the life of real estate.

The insurance giant Australian Unity has partnered with venture capital firm Taronga Ventures to promote growth within the real estate sector through an innovation program called RealTechX.

Taronga Group's Jonathan Hannam composed an opinion piece for RICS's magazine, Modus.

RealTechX Growth Program update from November, 2019

Recognizing that technology and innovation is becoming a differentiator to the global property industry, PGIM Real Estate has partnered with Asian real estate innovation and venture capital firm, Taronga Ventures, in an innovation program set to propel emerging real estate technology businesses into Asia and beyond.

Taronga Group is delighted to announce the appointment of Dr Sven Sylvester as Corporate Innovation Lead for Taronga Venture Advisory and Investment Director for the RealTech Ventures Fund.

Taronga Group has enjoyed a strategic alliance with KPMG High Growth Ventures for the past 2-years, delivering research, initiatives and thought leadership together in the RealTech sector.