Thinning and consolidation. Expect to see fewer PropTech-only funds, but expect them to be bigger and/or stratified.
Silicon Valley jumps in.Expect one or two of the traditional venture capital firms are going to start dedicating a pool of capital exclusively to PropTech.
Corporates move back to LPs only. Expect these large real estate funds to give you the old “back to our core competency” bit and simply become passive investors (LPs) with specialists who manage funds.
Growth of Growth. Expect to see more growth equity funds play in this space.