Taronga Group News

Taronga Ventures is currently looking for an associate to join its team. The role will involve financial analysis, operations, commercial management as well as strategy and implementation advisory.

Jonathan Hannam, co-founder of investment firm Taronga Group, said institutional demand for real estate technology, known as realtech, had “exploded” over the past 12 months as real estate owners and investors look to future proof their portfolios and make them more efficient.

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.