Newest PropTech Firm Asia Development and Property Technology (ADAPT) Ventures announces its launch alongside its Accelerator Initiative through which they will spearhead the success of digital innovation in real estate
PETALING JAYA: “Driving Digital Innovation In Real Estate,” is the motto for the newest PropTech firm that is taking the real estate industry by storm, Asia Development and Property Technology (ADAPT) Ventures.
According to the statement by the company, ADAPT’s mission is to empower entrepreneurs involved in property technology (PropTech) regionally with platforms that link service providers to consumer groups within the property market.
ADAPT’s main objectives are to increase the volume of investments in technology for property, increase inclusivity of all sectors related within the industry and create a positive impact in the real estate industry that will revolutionise the way we buy and sell a property.
Ultimately, ADAPT aims to play a huge role in aiding the development of Asia’s property front through technology.
“We truly believe that technology is the driving force by which humankind advances into the future. We know that, time and again, when we create new and revolutionary technology, we take a major step forward in the development of our society,” said ADAPT chief executive officer Christopher Tock.
“The advancement in technology has changed every aspect of this industry, be it development, buying or selling. ADAPT was created with this in mind. We aim to be a platform that paves the path towards the application of PropTech in property development throughout Asia,” he added.
In their first big act to impact the property industry, ADAPT Ventures has teamed up with the multi-award-winning international real estate and investment firm, IQI, and, leading technology accelerator WatchTower and Friends (WTF) to start their new initiative called “ADAPT Accelerator”.
ADAPT Accelerator is a program that engages the most knowledgeable players in the property technology industry in which they will share their experiences, discuss new technologies and act as mentors and teachers to their fellow real estate entrepreneurs to push their business toward modernisation and success.