DUBAI-Abu Dhabi developer Aldar Properties is planning to invest in Fifth Wall’s European Real Estate Technology Fund to tap the funding capital firm’s network of so-called proptech organizations, it said on Monday without uncovering the size of the venture.
Aldar provided that the investment in the U.S. firm is determined at gaining access to the recent technologies and trends driving the advancement of the real estate sector.
This access will furnish Aldar with vital insights to advise its business choices and recognize solutions and possible improvements to the group’s different organizations, its assertion said.