O2O, data, and blockchain are revolutionizing real estate in China

Editor’s note: This article is part of our JLL proptech series, produced in cooperation with JLL, a leading professional services firm that specializes in real estate and investment management. We believe in transparency in our publishing and monetization model. Read more here.

China is a crowded country and finding a place to call home can be daunting. With locals pouring into cities in the largest urbanization in history, China will need 300 million square meters of new housing every year, according to McKinsey estimates. And it’s not just the residential market. As China moves its economy further towards service industries, demand for office buildings and retail space is burgeoning too.

But where there is demand there is also innovation. As China has demonstrated in fields like retail and mobile payments, tech companies are ready to leapfrog to new solutions. The convergence between property and technology is called proptech and it promises to solve many of the headaches associated with real estate in China.

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom