NEW YORK CITY—Real estate technology investors and the CEOs and founders of start-up firms in the space worldwide are “solidly confident about 2017,” according to a new report.
MetaProp NYC has released its Q4 2016 Global PropTech Confidence Index, which found both groups holding a bullish sentiment and 92% of venture capital firms planning to match or exceed the number of 2016 deals in 2017.
Overall, the Q4 2016 Investors' Index was 8.2, up from 8.0 in Q2 2016, while the Q4 2016 Startups' Index was 6.6, up from 5.4 in Q2 2016. The Confidence Index has a range of zero to 10. An Index above five indicates that respondents are confident in the market; more responded positively than negatively to the survey questions.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
